Ousted VW Boss Herbert Diess Resurfaces As Head Of Chipmaker Infineon | Carscoops carscoops
Car company CEOs are like football sports coaches in their ability to bounce back from a spectacular fall. Today’s rebound news comes courtesy ofCEO Herbert Diess who has just been appointed as chairman of the chipmaker Infineon.
Diess was shown the door by Volkswagen in September of this year, a year in which several key Porsche and Audi models were delayed due to software problems and the company performed poorly in the Chinese market. The 64-year-old CEO is also known to have clashed with the powerful works council, a labor union representing VW workers.
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