Saturday , January 23 2021

Former BMW CEO Duesmann becomes head of VW subsidiary

Former BMW CEO Markus Duesmann has been appointed as Audi's new boss. The 50-year-old was already in the summer of 2018 for the job in conversation – but had to wait for the launch of BMW.

From April 1, 2020, the new head of the Volkswagen subsidiary, Audi, will be former BMW manager Markus Duesmann. This was decided by Volkswagen's Fiscal Council in Wolfsburg on Friday. Duesmann will replace CEO Bram Schot on April 1, VW said on Friday.

Duesmann has been in conversation since summer 2018

VW CEO Herbert Diess, who also heads the Audi Supervisory Board, had the mechanical engineer in the summer of 2018 soon. after the arrest of former Audi CEO Rupert Stadler Seized at BMW. The Munich-based automaker released Duesmann immediately, but only now has suspended its contractual blocking period for a change in competition.

Following Stadler's sudden departure, Audi initially appointed then-sales chief Schot as interim head of the company, and only in January was he officially appointed chief executive officer. But Audi has many problems and lagged significantly behind Daimler and BMW. The works council has lost a clear strategy that secures the Ingolstadt and Neckarsulm locations.

Second top manager moving from BMW to VW

Duesmann is behind VW boss Herbert Diess, the second Topmanager, who moves from BMW to VW. Audi managing director Bram Schot retired at the end of March 2020 "on a better deal" and left the company, Volkswagen announced further.

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