Shen Hui join Geely increase success rate

According to sources, Shen Hui, the former CEO of Fiat Powertrain Technologies China, joins Geely Group as vice president, and is responsible for overseas projects. But the vice president of Geely Group Wang Ziliang didn't confirm this news during the interview with the reporter from "Daily Economy News". Insider analysts, if Shen Hui do join Geely, his experiences in multinational auto corporation will help Geely to increase its winning chance to buy Volvo.

An engineer of Comau (Shanghai) Automotive Equipment Co. Ltd., who once worked with Shen Hui, told Daily Economy News, if this news is true that Shen Hui joins Geely, who calls himself "love challenges", it would be his second time "Job-hopping" in the past 3 years from BorgWarner Inc to Fiat Powertrain Technologies, and now to Geely Group,.

Recently, Geely has been named by Ford the preferred bidder for Volvo Car Corporation. But there are also some reports about that the "Crown" consortium, led by former Ford executive, and the other fund led by Volvo executive and Swedish automotive trade union leader have already formally submitted their offers to acquire Volvo. Geely's bid for Volvo encounters strong challenges. Therefore, to help Geely Group successfully to buy Volvo will be an another important challenge, which Shen Hui will face.

According to informed sources, as the Volvo's project leader of Geely Group, Yuan Xiaolin has a lot of experiences of mergers and acquisitions in the industries, such as fast moving consumer goods. Shen Hui, who has overseas education background and plenty of management experiences in multinational company in automotive industry, may play an important role in the Volvo project, and also will help Geely Group to improve its modern enterprise management system.(Jianfei Keke)

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