According to German magazine the Supervisory Board of Volkswagen (VW) will meet on Monday to
discuss the future of Rupert Stadler, the suspended CEO of its premium
brand Audi, German magazine Der Spiegel reported on Friday.
The magazine said
the board was due to decide whether Stadler, who
has been in police custody since mid-June as part of a broader probe
into emissions cheating at Audi, should give up his position.
Citing sources close to the company, Spiegel said it was probable
that Stadler would be asked to relinquish the role, seeing as he was
unable to perform the duties of an executive. Both VW and Audi have said
that Stadler is presumed innocent unless proven otherwise.
A source told Reuters the reason for the supervisory board
meeting was to discuss further steps towards a possible listing of Volkswagen (VW)’s
truck and bus subsidiary and not Stadler. However, sources close to the
company expect the board will also talk about Stadler, although no
decisions are expected.
VW declined to comment on the report.
In July, Volkswagen (VW) recruited BMW engine development and purchasing expert
Markus Duesmann, who has been touted as a potential successor to Stadler
as Volkswagen (VW) looks for clean-engine expertise to help it shake off the
emissions scandal.
Stadler was forced to step down temporarily after he was taken into
custody on suspicion of interfering with an emissions investigation.
Sales executive Bram Schot is acting as interim replacement.
Reuters
No comments:
Post a Comment