Porsche AG’s top research and development official will move over to head Bentley Motors Ltd. and Bugatti S.A., Volkswagen AG says. Wolfgang Durheimer, 52, will succeed a retiring Franz-Josef Paefgen, 64, as chairman and CEO of Bentley and president and CEO of Bugatti on Feb. 1. The former Porsche engineer also will assume Paefgen’s position as head of Volkswagen Group Motorsport. Succeeding Durheimer in the R&D slot at Porsche is Wolfgang Hatz, 51, who also will continue in his ...
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