Browsing Tag
Laurent Favre
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Marelli names Laurent Favre CEO. Can he complete the turnaround beyond Chapter 11?
Marelli has appointed Laurent Favre chief executive as the automotive supplier approaches a crucial stage of its Chapter 11 restructuring. With former Audi chief executive Bram Schot proposed as future chairman, the leadership transition raises questions about creditor influence, customer confidence and whether a revised capital structure can deliver lasting operating improvement.
HELLA to quit HBPO joint venture in €290m deal with Plastic Omnium
HELLA, a German automotive part supplier owned by Faurecia, has agreed to sell its stake of 33.33% in…