February 27, 2018 / 3:31 PM / 6 months ago

Opel board member Schumacher to leave carmaker

FRANKFURT (Reuters) - German carmaker Opel on Tuesday said it was looking to replace Ulrich Schumacher, board member responsible for personnel, who is leaving the company on Feb. 28.

FILE PHOTO: Flags with the Opel logo are seen at the Opel headquarters in Ruesselsheim, Germany November 9, 2017. REUTERS/Ralph Orlowski/File Photo

Opel, which is in the process of being bought by French carmaker PSA Group, said a successor will be named as soon as possible.

“Ulrich Schumacher has led the transformation of Human Resources at Opel/Vauxhall in Europe in the last five years and developed the function into an important part of the company strategy,” Opel Chief Executive Michael Lohscheller said.

In November, PSA Group Chief Executive Carlos Tavares said pledges to avoid forced layoffs at Opel will depend on the success of the planned restructuring of the loss-making German division.

Reporting by Edward Taylor; Editing by Tom Sims

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