Stadler to Stay on as Audi CEO

Stadler to Stay on as Audi CEO

0 comments 📅18 May 2017, 01:15

Audi CEO Rupert Stadler liking have his contract extended by another five years.

The supervisory board approved a third title that will make Stadler the CEO through December 31, 2022, today.

Stadler’s pact ends this year, and rumors have been flying about the CEO’s end since he came under fire for his handling of the Dieselgate scandal.

Speculation helter-skelter when he found out about the emissions cheating has dogged Stadler, and he was criticized for beginning denying Audi was involved in the scandal.

Audi’s management board, however, has been steady in its support of the CEO, who saw the company through a very profitable period.

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