Four senior executives at VinFast have left the company as they plan to launch in the United States and Europe.
The executives that left are:
- Emmanuel Bret, deputy chief executive officer for global sales
- Franck Euvrard, deputy CEO for product development
- Hong Bae, deputy CEO for vehicle technology development
- Bruno Tavares, chief finance officer
FOUR senior executives at Vietnam’s VinFast have left the electric-vehicle startup as it prepares to launch its first overseas model and roll out a network of showrooms in the United States and Europe, the company said.
The recent round of departures comes as it prepares to start construction of a US$4-billion factory in North Carolina, open its first showrooms in California, move toward a potential initial public offering of shares and seek financing from the US government.
The executives who have left are Emmanuel Bret, deputy chief executive officer for global sales; Franck Euvrard, deputy CEO for product development; Hong Bae, deputy CEO for vehicle technology development and Bruno Tavares, who was chief finance officer, the company said.
A spokesman for VinFast, a unit of conglomerate Vingroup, said it had “ended labour contracts” with the 4 with their consent. It said 2 of the executives, whom it did not name, had resigned for personal reasons.
“All of them agreed to end their contracts in legal terms,” the company said in a statement to Reuters. “Adjustment in human resources is a common business practice around the world. VinFast is no exception.”