Audi Supervisory Board reappoints CEO Rupert Stadler for another 5 years

The Chairman of a Supervisory Board of AUDI AG and Chairman of a Board of Management of Volkswagen AG, Matthias Müller, stated: “With this unanimous vote, a Supervisory Board once again expresses a certainty that Mr. Stadler will continue to rise Audi successfully.”

Peter Mosch, Chairman of a General Works Council of AUDI AG and a member of a Presiding Committee of a Supervisory Board: “We employees insert really transparent conditions to this agreement extension. Rupert Stadler contingency pledge practice during a sites in Germany for a prolonged term, safeguard good function of a plants’ capacities and evenly foster technologies that pledge a successful destiny for a company.”

The Supervisory Board also motionless to allot Board of Management shortcoming for firmness to CFO Axel Strotbek with evident effect. His altogether area of shortcoming is now Finance, IT and Integrity. In a context of a Group’s realignment, a Chief Compliance Officer will news to Strotbek and so directly to a Board of Management member.