Audi Says Gernot Doellner to Replace Markus Duesmann as CEO -- Update
30 June 2023 - 2:05AM
Dow Jones News
By David Sachs
Audi said Thursday that Gernot Doellner would become chief
executive at the luxury car maker as of Sept. 1, replacing Markus
Duesmann in a move aimed at strengthening the company's product
strategy and position in important markets.
"Shaping Audi's role as an independent brand with
entrepreneurial autonomy within the framework of the VW Group will
be of primary importance," Deputy Chairman Peter Mosch said.
Doellner has been with Volkswagen, Audi's parent company, since
1993 and since 2021 has overseen the Volkswagen group's product and
group strategy, Audi said.
Duesmann has been CEO at Audi since 2020. Shortly before the
announcement, German newspaper Handelsblatt said there had been
disagreements on the management board and that Duesmann had lost
the confidence of his team.
Audi declined to comment on the report. Volkswagen didn't
respond immediately to a request for comment.
Write to David Sachs at david.sachs@wsj.com at
david.sachs@wsj.com
(END) Dow Jones Newswires
June 29, 2023 11:50 ET (15:50 GMT)
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