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WSJ reports Wolfgang Bernhard leaving VW

WSJ reports Wolfgang Bernhard leaving VW



The Wall Street Journal is reporting today that Volkwagen brand chief Wolfgang Bernhard will be leaving his post next month after the company's board votes to approve a new management shakeup. Supposedly the management reorginization involves offering Bernhard a new position in which he would oversee production across all brands in the VW/Audi group. Bernhard, however, has been reported as saying he would leave the company if his job changed.

Speculation that Bernhard would pack up and leave has been rampant ever since the man who hired him, ex-CEO Bernd Pischetsrieder, was replaced by his counterpart at Audi, Martin Winterkorn. If Bernhard does choose to leave VW, it's not entirely certain he could accept a position at another automaker due to a two-year non-compete clause built into his contract. This could potentially block Bernhard from returning to a post at his previous employer, DaimlerChrysler. Rumor has it that DaimlerChrysler CEO Dieter Zetsche would love to his bring his former prodigy back to the company, perhaps to replace current Chrysler Group CEO as the captain of the company's U.S. domestic division.

[Source: Automotive News]

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