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0Report: Mercedes-Benz USA announces Cannon as new CEO 1324078200
Mercedes-Benz USA has named marketing boss Steve Cannon as its new Chief Executive Officer effective January 1. Automotive News reports that Cannon, who has been with MB for 20 years, is only the second American to hold the post in the luxury brand's long history. Financial boss Herbert Werner had ...
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Report: List of Mulally successors narrowed down to four 1322506800
How do you replace the man credited by Time Magazine with managing "the biggest business turnaround of the Great Recession?" That's a very good question, and one that the Ford board of directors is grappling with as company CEO Alan Mulally edges closer to retirement age. At 66, Mulally isn't ...
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Official: Tata CEO Forster steps down after only 18 months 1315828740
Tata Motors has announced that its group chief executive officer, Carl-Peter Forster, resigned with immediate effect, only 18 months after joining the company. Tata, India's leading maker of trucks and buses, and owner of Jaguar and Land Rover, says Forster resigned due to "unavoidable personal ...
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Infographic: Wage gap between CEO and employees 1313778600
As you're probably already aware, Ford CEO Alan Mulally earned well over $26 million last year. Fiat and Chrysler head Sergio Marchionne was next in the ranks of highest-paid CEOs among automakers with $17 million in compensation, and Nissan/Renault chief Carlos Ghosn was third at $13 ...
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Report: Fiat looking to up Chrysler stake to 46% by June 1302874200
Fiat has been in a big, fat hurry to increase its stake in Chrysler, as the Italian automaker has managed to increase ownership from 20 percent to 30 percent so far this year. A report out of Automotive News Europe (via Italian newspaper Corriere della Sera) shows that the stakes may raise once ...
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Fiat gets a new chief executive 1284985740
Your eyes doth not deceive you: Fiat has a new CEO. But before we get ahead of ourselves, Sergio Marchionne isn't going anywhere. The Italian-Canadian executive mastermind directing both the Fiat and Chrysler groups is not relinquishing his position. But a number of years ago, he did hand over ...
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Officially Official: VW of America names Browning as new CEO 1284395520
Yesterday, we reported that Volkswagen was planning to name Jonathan Browning as its new CEO of United States operations. At 11:00 AM today, VW did just that – Browning will officially assume the role on October 1st of this year. Browning has held many executive sales and marketing positions ...
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Ducati North America seeks new CEO 1279373100
Amidst recent rumors, Ducati has officially announced that its CEO of North American operations, Michael Lock, will step down at the end of July to pursue other opportunities. Since Lock took the reins in North America in late 2003, Ducati has bridged the gap from something of a novelty brand ...
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Report: Chung, Mullaly, Winterkorn named top car company CEOs 1279143120
Automotive News has put together its list of 2010 auto industry all-stars, and taking first place in American, European and Asian CEO categories are Ford CEO Alan Mulally, Volkswagen CEO Dr. Martin Winterkorn, and Hyundai-Kia CEO Chung Mong-koo. Hard to fault the choices, and it shouldn't come as ...
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Fiat unites Maserati, Abarth, Alfa Romeo under one CEO 1264597200
With the unification of Fiat and Chrysler, we're been expecting major changes in the corporate structure of the two automakers and their various brands. Most recently, Lancia chief executive Olivier Francois was named head of the Chrysler division, leading to reports that the two brands – ...

