Volkswagen Said to Shuffle Porsche, Bentley Managers

Volkswagen AG, Europe’s largest carmaker, is planning to shuffle managers at its luxury brands as part of a merger with Porsche AG, according to people with direct knowledge of the matter.

Wolfgang Duerheimer, Porsche’s development chief, may succeed Franz-Josef Paefgen as head of VW’s ultra-luxury unit Bentley Motors Ltd., said two people, who asked not to be identified because the discussions are confidential. Porsche Chief Executive Officer Michael Macht is the preferred candidate to run production at VW, people familiar with the matter told Bloomberg News on June 18.