Audi Announces Appointment of Markus Duesmann As CEO From 2020

Audi AG Appointment Markus Duesmann CEO April 2020

The company expects Duesmann and his team to ensure stable capacity utilisation at the plants and to promote more courage to take the lead through technology

Audi AG has announced that Markus Duesmann will become the new CEO of the company, effective 1 April, 2020. Duesmann will succeed Bram Schot, who has held this position since June, 2018, and leave the Group by best mutual agreement. Duesmann has an experience of the automotive industry spanning nearly three decades, with his most recent role being Board of Management Member for Purchasing at BMW.

Dr Herbert Diess, Chairman, Supervisory Board, Audi AG, said Duesmann will do everything in his power to leverage the potential of the Audi brand. He also thanked Schot, who took over the management of Audi AG at a difficult time, and very successfully managed the business and initiated important changes. Among the most important cornerstones of the new Audi strategy are the accelerated transformation into a provider of sustainable mobility and the determined decarbonisation of the company, Dr Diess added.