Volkswagen AG’s Traton SE division replaced its chief executive officer after just over a year on the job with the head of its Scania brand, in a surprise shakeup raising questions about the truck manufacturer’s next strategic steps.
Traton Chief Executive Matthias Gruendler and Chief Financial Officer Christian Schulz will leave the company, Traton said late Wednesday. Scania brand chief Christian Levin will take over as CEO and corporate finance head Annette Danielski becomes CFO, effective tomorrow.
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September 30, 2021 at 01:53PM
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VW's Traton Abruptly Replaces CEO, CFO in Management Turmoil - Bloomberg
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