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July 23, 2015

INDIA: Volkswagen’s three top sales executives step down – report

Three top level executives at Volkswagen Group Sales India reportedly have stepped down in the recent past.

Three top level executives at Volkswagen Group Sales India reportedly have stepped down in the recent past.

Porsche brand director Anil Reddi quit on 21 July. Audi sales head Niraj Srivastava and Group CFO Nalin Jain stepped down in June, four people with knowledge of the matter said.

The company relieved Reddi immediately. Srivastava has also been relieved whereas Jain is serving his notice period, The Economic Times reported.

The development was confirmed by a Volkswagen Group spokeswoman.

Group MD Thierry Lespiaucq is expected to manage the Porsche brand until the company finds Reddi’s replacement. Jain and Srivastava’s positions are also still vacant.

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