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MarketScreener Homepage  >  Equities  >  Xetra  >  AUDI AG    NSU   DE0006757008

AUDI AG

(NSU)
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Delayed Quote. Delayed Xetra - 12/06 11:36:12 am
798 EUR   -0.50%
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AUDI : Markus Duesmann appointed as new member of Volkswagen Group Board of Management

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11/18/2019 | 07:38am EST

Mr. Duesmann will take over as Chairman of the Board of Management of AUDI AG on 1 April 2020.

Bram Schot will leave the company by amicable mutual agreement at the end of March 2020

At its meeting today, Volkswagen Aktiengesellschaft's Supervisory Board resolved to appoint Mr. Markus Duesmann (50) as new member of the Group Board of Management.

Markus Duesmann's appointment as member of the Group Board of Management and Chairman of the Board of Management of AUDI AG will take effect on 1 April 2020. Bram Schot will leave the company by amicable mutual agreement on 31 March next year. 'Bram Schot took over the management of AUDI AG at a difficult time, very successfully managed the business and initiated important changes. For this he has our sincere thanks. As an excellent engineer, Markus Duesmann will do everything in his power to leverage the full potential of the Audi brand and as such will once more demonstrate our commitment to the promise 'Vorsprung durch Technik'', said the Chairman of the Board of Management Dr. Herbert Diess. Mr. Duesmann, a qualified engineer, previously held several managerial positions at BMW AG and until July 2018 was the Board of Management member with responsibility for purchasing and the supplier network.

Within the Group Board of Management, Mr. Duesmann's tasks will also include responsibility for Group research and development, which is currently incumbent upon the Chairman of the Board of Management. In return, responsibility for Group sales will be taken over by the Chairman of the Board of Management.

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Markus Duesmann

(C) 2019 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
AUDI AG -0.50% 798 Delayed Quote.2.05%
VOLKSWAGEN AG 0.95% 176.6 Delayed Quote.27.12%
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Financials (EUR)
Sales 2018 -
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Net income 2018 -
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Capi. / Sales2019 -
Capitalization 34 314 M
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Last Close Price 798,00  
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Managers
NameTitle
Abraham Schot Chairman-Management Board, CEO & Head-Sales
Herbert Diess Chairman-Supervisory Board
Alexander Seitz CFO, Head-Finance, China, Compliance & Integrity
Bernd Martens Head-Procurement & Information Technology
Hans-Joachim Rothenpieler Head-Technical Development
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