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VWAPY Volkswagen AG (PK)

11.36
0.11 (0.98%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Volkswagen AG (PK) USOTC:VWAPY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.11 0.98% 11.36 11.30 11.36 11.412 11.32 11.39 178,690 21:00:28

Audi CEO Markus Duesmann to Be Replaced By Gernot Doellner

29/06/2023 3:45pm

Dow Jones News


Volkswagen (PK) (USOTC:VWAPY)
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From Jul 2022 to Jul 2024

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   By David Sachs 
 

Audi said Thursday that Gernot Doellner will replace Markus Duesmann as chief executive officer on Sept. 1.

The Volkswagen-owned car maker said Doellner will strengthen the company's product strategy and its 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.

Volkswagen emphasized autonomy for its brands at its recent capital markets day meeting.

Doellner has been with Volkswagen since 1993 and since 2021 has overseen the group's product and group strategy, Audi said.

 

Write to David Sachs at david.sachs@wsj.com at david.sachs@wsj.com

 

(END) Dow Jones Newswires

June 29, 2023 10:30 ET (14:30 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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