AMSTERDAM - Former Mitsubishi Motors Europe CEO Stefan Jacoby has secured a top position with Volkswagen AG, sources say.
Jacoby is believed to be ready to take a board-level job that gives him responsibility for sales and marketing for all VW brands.
VW isn't commenting. But some Mitsubishi top executives have confirmed that Jacoby, 46, will return to the company where he served as Asia-Pacific boss from 1997 to 2001.
Jacoby resigned from Mitsubishi on Jan. 31.