Qoros Automotive says CEO Murtaugh to resign (updated)
06/01/2016 10:23
(Adds context)
BEIJING, Jan 6 (Reuters) - Chief executive Phil Murtaugh
will resign from Qoros Automotive for personal reasons after
less than a year at the helm of the fledgling Chinese automaker,
that is backed by Kenon Holdings Ltd KEN.N and Chery
Automobile Co Ltd CHERY.UL .
Murtaugh will leave the company by January-end, and current
Qoros Chairman Anning Chen will serve as acting CEO, the company
said in a statement on Wednesday.
The sudden change could be a troubling sign for Qoros, which
was founded in 2007 and is yet to build a major customer base.
Murtaugh previously served as the China head of General
Motors Co GM.N and Asia Pacific chief for Chrysler FCHA.MI ,
and was also a top executive at China's largest automaker SAIC
Motor Corp 600104.SS .
(Reporting by Jake Spring; Editing by Sherry Jacob-Phillips)
((jake.spring@thomsonreuters.com; +86 10 66271032; Reuters
Messaging: jake.spring.thomsonreuters.com@reuters.net / Twitter:
@jakespring))
Keywords: AUTOS QOROS/