July 24, 2018 / 5:39 AM / 4 months ago

BMW manager Duesmann to become new Audi CEO - Handelsblatt

BERLIN, July 24 (Reuters) - Volkswagen has hired BMW purchasing director Markus Duesmann to fill the post of Audi chief executive, German daily Handelsblatt reported on Tuesday.

Citing sources close to the Volkswagen group, Handelsblatt said Audi wants Duesmann to start as soon as possible.

However, due to a competition clause in his contract, Duesmann may be unable to take up the post until at least six months, Handelsblatt said.

BMW said on Monday Duesmann, who has been responsible for the carmaker’s purchasing and supplier network since October 2016, would be leaving the company for personal reasons, Handelsblatt said.

Audi is looking for a new CEO after it suspended Rupert Stadler following his arrest in mid-June as part of a broader probe into emissions cheating at the premium brand, which is part of Volkswagen Group.

Audi named sales executive Abraham Schot as an interim replacement with immediate effect after Stadler was detained. (Reporting by Caroline Copley; Editing by Gopakumar Warrier)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below