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New Chief Executive
Walter Hasselkus has joined Rover from the beginning of September. He replaces John Towers who departed in June of this year. Mr Hasselkus was President of BMW(GB) in the 80's and has been head of BMW's motorcycle division.
John Towers is to join the private equity arm of Hambros as a special adviser. He will be with Hambros European Ventures which has £100m under management.
The news about John Towers was published in the September 1st issue of the Sunday Telegraph. A full summary of the weekend's city press is available every Sunday night.
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