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Report: Mitsubishi says pair of key U.S. execs have resigned

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Old 11-14-2011, 02:50 PM
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Default Report: Mitsubishi says pair of key U.S. execs have resigned

Filed under: Hirings/Firings/Layoffs, Mitsubishi

Believe it or not, Mitsubishi sales in the U.S. are up in 2011 - by a whopping 53 percent. But while the automaker's sales are climbing out of the doldrums, its executive count is dropping. Automotive News reports that two key executives have resigned effective October 31, and those vacancies apparently won't be filled any time soon.

Gregory Adams, Vice President of Marketing in North America and Mike Krebs, Vice President of Planning and Incentives have left the company to pursue other opportunities. Adams leaves Mitsubishi in the early stages of the launch of the electric i minicar. He also oversaw the launch of the Outlander Sport, a linchpin model in the Japanese automaker's revamping plan. Adams began working at Mitsubishi in June of last year.

Krebs has been with Mitsubishi for more than a decade, and he was recently designated Vice President of Product Strategy. Mitsubishi spokesperson Dan Irvin tells AN that the remaining personnel will handle day-to-day operations and that the automaker doesn't "anticipate any disruption in those departments."Mitsubishi says pair of key U.S. execs have resigned originally appeared on Autoblog on Mon, 14 Nov 2011 14:31:00 EST. Please see our terms for use of feeds.



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