Skoda's top earner CEO jumps to Volvo, rattling Volkswagen Group
<p class="P1" data-start="3635" data-end="4004">Skoda CEO Klaus Zellmer, long seen as one of Volkswagen Group's top-performing brand executives, will leave the company and become president and CEO of Swedish luxury carmaker Volvo Cars no later than October 1, 2027. The surprise move has jolted the global auto industry and adds pressure to Volkswagen Group as it navigates painful transformation and profit warnings.
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