Robert Bosch, the world’s largest automotive supplier, is likely to get a new CEO before the end of the year, according to the German business monthly Manager Magazin.
The publication says former CEO Hermann Scholl, 76, plans to hand over his duties as head of the Bosch supervisory board to current CEO Franz Fehrenbach later this year. Fehrenbach will then transfer his operational duties to a successor.
Though several top executives at Bosch are seen as potential group CEOs, the most likely candidate for the position is Bernd Bohr. Bohr heads Bosch’s automotive division, the largest in terms of sales.
A Bosch spokesman declined to comment.