Bram Schot to be new Chairman of Audi Board of Management

Bram Schot will become Chairman of the Board of Management of Audi AG, which includes Ducati, Lamborghini and Italdesign Giugiaro as well as the Audi brand, on 1 January 2019. Temporarily, he will have Board of Management responsibility for the area of Sales and Marketing. The 57-year old has been Audi AG Board of Management Member for Sales and Marketing since September 2017. On 19 June 2018, he was additionally appointed as the Interim Board of Management Chairman.

Born in the Netherlands, Bram Schot had previously been responsible for Marketing and Sales on the Board of Management of Volkswagen Commercial Vehicles from 2012 onwards. In 2011, he left his position as President and CEO of Mercedes-Benz Italia to move to the Volkswagen Group, where he was at first responsible for strategic projects in the Group's Sales division.

Peter Mosch, Deputy Chairman of the Audi Supervisory Board and Chairman of the General Works Council, said, "The Audi workforce wants clear conditions at the top of the company. That's why we employee representatives are committed to doing the job properly and appointing Bram Schot as Chairman of the Board of Management. During his interim period, he has already shown that he can give great impetus to the new start we have called for and initiated. He must now continue along this path and lead Audi back to the top. That's what the workforce expects."