Opel’s new caretaker chief has said he will honour commitments made to unions and employees as part of a turnaround plan.

“We’re honest and honorable business people and will abide by all existing contracts and agreements. Nothing is going to change in that respect,” Thomas Sedran told regional daily Mainzer Allgemeine Zeitung, Agence France Presse (AFP) reported.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

While he was in charge, the carmaker would not steer in any new direction, Sedran promised.

On Tuesday, Opel announced that the 47-year-old corporate consultant would take over as interim chief until a permanent successor can be found for Karl-Friedrich Stracke, who quit last week.

Sedran is already responsible for operations and business strategy, a position he has held since 1 April.

See Also:

Sedran formerly worked as a corporate consultant with firms such as AlixPartners and Roland Berger.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

At AlixPartners, he was division head for the auto industry and has worked closely with Opel in that function since 2009.