AvtoVAZ has appointed Bo Andersson, a former top purchasing manager at General Motors Co., as CEO. He is the first non-Russian to lead the maker of Lada cars as it deepens ties with the Renault-Nissan alliance.

Andersson, 58, will take the post on Dec. 31. He succeeds Igor Komarov, who is leaving the industry, AvtoVAZ said today in a statement following a board meeting yesterday led by Renault-Nissan CEO Carlos Ghosn.

Andersson, a Swedish national who's currently CEO of Russian truckmaker and contract manufacturer GAZ Group, will be the first foreign-born head of the country's biggest automaker since its founding 47 years ago during the Soviet Union.


Read Article

AvtoVaz Appoints Ex GM Executive To Be CEO Russian Brand Lada

About the Author