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Audi supervisory board backs CEO Stadler
February 24, 2017 / 7:55 AM / 10 months ago

Audi supervisory board backs CEO Stadler

FRANKFURT (Reuters) - The supervisory board of Audi backed its Chief Executive Rupert Stadler, saying allegations brought against him by a former Audi employee suing for wrongful termination were not accurate.

Rupert Stadler, CEO of VW's Audi luxury car division, delivers a speech during the opening of a new plant in San Jose Chiapa, in Puebla state, Mexico, September 30, 2016. REUTERS/Imelda Medina

“The supervisory board has in the past few days had law firm Gleiss Lutz examine the allegations brought against Rupert Stadler by the terminated Audi employee and has had the results reported to it,” Audi said in a statement on Friday.

    “This examination comes to the conclusion that the allegations against Mr. Stadler are not accurate,” it said.

    Two sources had told Reuters on Thursday that Stadler was expected to win the backing of top officials at Audi and parent company Volkswagen (VOWG_p.DE) this week, despite criticism of his handling of the group’s emissions scandal and the suit brought by the former Audi employee.

    Reporting by Maria Sheahan; Editing by Harro ten Wolde

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