German company register HandelsRegister.de listed Peter Christian Küspert (VP of Sales and Aftersales), Ulrich Schumacher (VP of HR and Labor), and even Michael Lohscheller (newly-appointed CEO) as having resigned from their positions on the Opel board, which isn’t entirely the case.
What’s really happening is that the name of the legal entity headed by the executives is changing from GM-owned Adam Opel AG to PSA-owned Opel Automobiles GmbH, as part of the PSA transaction. As such, GM Authority has confirmed that Küspert, Schumacher, and Lohscheller are still on the Opel management board, which is now officially named Opel Automobiles GmbH.
Moreover, HandelsRegister also lists the resignation of Dr. Karl-Thomas Neumann from the board — which is true. The executive officially stepped down from his post as Opel CEO and Speaker of its Management Board in June, with Michael Lohscheller appointed to take this place. Neumann will, however, stay on Opel’s management board until the sale of Opel and Vauxhall to PSA Groupe is completed.