Former BMW Executive Named Audi CEO

Markus Duesmann will succeed current CEO Bram Schot on April 1.

Nov 18, 2019
In this March 21, 2018, file photo, then-member of the board of the BMW Markus Duesmann attends a press conference in Munich.
In this March 21, 2018, file photo, then-member of the board of the BMW Markus Duesmann attends a press conference in Munich.
AP Photo/Matthias Schrader, File

BERLIN (AP) — German automaker Audi says former BMW executive Markus Duesmann is to become its new chief executive.

Audi said Friday that the 50-year-old succeeds current CEO Bram Schot on April 1.

Herbert Diess, the head of Volkswagen, of which Audi is a part, called Duesmann an “excellent engineer.”

Audi has struggled to keep up with rivals BMW and Daimler in recent years.

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