Source: Russia’s AvtoVAZ CEO Andersson to leave post on April 7

MOSCOW, Mar 11 (PRIME) -- CEO of Russian car producer AvtoVAZ Bo Andersson wrote a letter of resignation on February 17 and will quit his post on April 7, a source in the company told PRIME on Friday.

“He (Andersson) said that he wrote a letter of resignation on February 17. The board of directors will approve his decision on March 15. He has an agreement with owners that he will work until April 7 in order to hand over the leadership to a new CEO,” the source said.

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