Webasto Looking for New Chief

Mark Wallace has quit as president and CEO of Webasto Product North America. “It is with deep regret that I announce that Mr. Wallace will be leaving Webasto”, said Joachim Damasky, member of the management board of Webasto AG. “He has chosen to accept an excellent leadership opportunity with a large, publicly-traded company. We wish him the very best in his future endeavors.” Fred Olson, member of the WPNA board, will assume the role of interim president and CEO, Webasto said. (Tire Review/Akron)