Audi named Abraham Schot as chairman of the Board after the arrest of Rupert Stadler

Aurel Dragan 20/06/2018 | 17:07

One day after the arrest of Rupert Stadler in an investigation into the diesel emission scandal, Audi named Abraham Schot as chairman of Audi’s Board of Directors.

Audi president Rupert Stadler was arrested on June 18 at the request of the Munich Prosecutor’s Office. Stadler asked the Supervisory Board to release him from the position of member of the Board of Directors of AUDI AG and from the position of member of the Board of Directors of Volkswagen AG. The Supervisory Boards of Volkswagen and Audi have complied with Stadler’s request to release him from these positions. These decisions apply temporarily until the circumstances that led to his arrest have been clarified.

Schor is a member of AUDI AG’s Board of Directors and responsible for sales and marketing since September 1, 2017. Bram Schot was born on July 12, 1961, in Rotterdam, The Netherlands. He is married and has two children. He graduated from the University of Bradford with a Master of Business Administration. He completed additional courses of study while working, including at Harvard Business School and Insead Fontainebleau Business School.

From 2006 to 2011, he was responsible as president and CEO of DaimlerChrysler/Mercedes-Benz Italia. In 2011, he joined the Volkswagen Group, where he oversaw strategic projects in Group Sales. Bram Schot has been the director responsible for marketing and sales with Volkswagen Commercial Vehicles since 2012. Since September 1, 2017, Bram Schot has been Board of Management member for sales and marketing at AUDI AG.

On June 19, 2018, the Supervisory Board of AUDI AG has decided to transfer the duties of the Board of Management Chairman to Abraham Schot on a temporary basis.