FormerCorp. purchasing chief Bo Andersson, who resigned from the U.S. auto maker last week, is in line to become the new chairman of the board at Russian car builder OJSC .
In a statement today,says it has appointed Andersson the boardâ€™s chief consultant and advisor on engineering for now, but will seek to add him to the board by monthâ€™s end.
GAZ has a shareholders meeting set for June 29, at which time a new board of directors will be elected. But candidates for that election had to be submitted by Feb. 1, so shareholders will file a request for an extraordinary meeting to nominate Andersson as an addition to the slate.
GAZ says it needs Anderssonâ€™s expertise as it seeks to solve important restructuring problems, create a new model range, boost quality to international standards and improve key performance indicators.
In announcing Anderssonâ€™s resignation on Friday, GM indicated the 53-year-old executive already had a new job lined up. Speculation was he would land either at Saab Automobile, where he began his career, or at a high-level position at Adam Opel GmbH. GM is said to be close to selling Saab, and Opel tentatively is to be acquired by a consortium led byInternational Inc.
GAZ will play a role ifconcludes the deal to acquire Opel, serving as the newly constituted auto makerâ€™s industrial partner in Russia. Plans include launch of an Opel Corsa-based entry-level car within about 24 months at GAZ operations in Nizhny Novgorod.
It is unclear whether Andersson also will play a role at Opel.