Audi has announced that Markus Duesmann will succeed Bram Schot as the company’s new CEO on April 1, 2020.
Back in September, the first reports suggested that Duesmann, who was BMW’s head of purchasing before joining the VW Group, will assume the top role over at Audi.
Bram Schot became the company’s CEO following Rupert Stadler’s arrest in June 2018 and he will depart the VW Group at the end of March “by best mutual agreement”.
Related: Markus Duesmann Leaving BMW To Become Audi’s New CEO
“He took over the management of AUDI AG at a difficult time, very successfully managed the business and initiated important changes”, said Herbert Diess, VW Group’s Chairman, about Schot. “We expressly thank him for that.”
Audi was looking for an expert in clean engines to take over in a bid to recover once and for all from the diesel emissions scandal. Duesmann is a mechanical engineer that joined BMW in 2007 from Mercedes, where he was head of powertrain for its F1 team.
Diess wanted to bring Duesmann to Audi for some time now, and the move was delayed due to BMW not wanting to release him from a non-compete clause.
“As an excellent engineer, Markus Duesmann will do everything in his power to leverage the great potential of the Audi brand and will once again demonstrate the promise of Vorsprung durch Technik”, added Diess.
“We expect Markus Duesmann and his management team to ensure stable capacity utilization at the plants and to promote more courage to take the lead through technology”, said Peter Mosch, Chairman of Audi’s General Works Council. “We look forward to positive cooperation in the interests of the employees and the company.”