HAMBURG/BERLIN (Reuters) -- Volkswagen will dismiss its U.S. chief executive, Michael Horn, on Friday and create a special position for the United States on its management board, sources familiar with the matter told Reuters.
Winfried Vahland, chief executive of VW's Czech division Skoda is the top candidate to take charge of VW's operations in the United States, two sources said. Horn’s impending dismissal was told to Reuters by a source familiar with the matter earlier today.
A VW of America spokeswoman declined to comment today, calling reports of Horn’s pending dismissal “speculation."
In addition, Audi r&d boss Ulrich Hackenberg and Porsche's engine chief Wolfgang Hatz will be dismissed at a meeting of the supervisory board on Friday, Bild newspaper said, citing unnamed company sources.
VW brand development chief Heinz-Jakob Neusser will also be forced out, Spiegel reported, citing no sources.