
Volkswagen (VOWG_p.DE) has appointed Bentley production chief Peter Bosch to lead its software subsidiary Cariad, dismissing all but one of the unit’s current executive board members as the automaker tries to get the troubled division on track.
Bosch will take over from June 1, the German group said on Monday, with two further software experts to join Cariad’s board alongside him and human resources head Rainer Zugehoer, the only board member to remain in his post.
Bosch, a former Oliver Wyman consultant who spent nearly seven years at the Volkswagen brand before moving to Bentley in 2017, will also take over financial management at Cariad, Volkswagen said, confirming an earlier Handelsblatt report.
“He is a strategist, an enabler and a team player,” Volkswagen CEO Oliver Blume said of Bosch in a statement.
Thomas Guenther, currently a senior vice president at Cariad, will fill one of the two software roles, sources told Reuters earlier on Monday, as first reported by Manager Magazin.
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