The Strategist

Audi Supervisory Board appoints temporary head of the company

06/19/2018 - 18:21

The Audi Supervisory Board suspended the authority of the company’s CEO Rupert Stadler and appointed Bram Schot as the interim head of the company. This is reported by Reuters, citing a source familiar with the situation.

ITU Pictures
ITU Pictures
The managers of the Volkswagen concern have been negotiating for the second consecutive day to overcome the crisis in the Audi management. Audi CEO Rupert Stadler was detained in Munich on Monday over accusations of falsification of data on diesel engine emissions.

After several hours of talks on Monday, the supervisory boards of Volkswagen and Audi failed to reach an agreement on the upcoming actions.

On Tuesday, the supervisory board of VW started new negotiations about the leadership of Audi. They are discussing the crisis with Wolfgang Porsche of the Porsche-Piëch clan, who controls the VW group, told two sources of Reuters.

Bram Schot joined the Volkswagen group in 2011. Previously, he was President and General Manager of Mercedes-Benz Italia. Since September last year, Bram Schot was the director of sales and marketing of Audi.

In September 2015, Volkswagen admitted that it installed special software on its cars. The software underestimated the data on emissions of harmful substances into the atmosphere. The so-called "Dieselgate" has affected more than 11 million cars.

The general director of Audi was criticized by the media, politicians and influential trade unions of VW for how he solved the "Dieselgate" issues.

Nevertheless, Stadler, the head of VW's most profitable business, retained his post during the major personnel reshuffles announced in August, thanks to the support of the Piëch and Porsche families.

Last week, the Munich prosecutor's office said that an investigation was being conducted against Stadler on suspicion of fraud and unfair advertising, and also in connection with his alleged role in promoting cars equipped with illegal software to the European market. 

On Monday, the Munich prosecutor's office reported that the 55-year-old Stadler was detained because of fears that if left at large, he could destroy evidence of his guilt.