Former BMW engine and purchasing chief Markus Duesmann to become new Audi CEO in 2020

Sep 16, 2019   People

BMW executive Markus Duesmann is set to become Audi's CEO after BMW dropped its opposition to his early departure, a German newspaper reported.

Duesmann, 50, will start as Audi chief on April 1, the Frankfurter Allgemeine Zeitung reported on September 15, citing a person with knowledge of the appointment.

Audi parent Volkswagen Group had said in July 2018 that Duesmann, an engine development and purchasing expert, would take up his new position as soon as he is able to do so but BMW enforced the non-compete clause that Duesmann had signed.

Duesmann's BMW contract runs until September 30, and it would have a non-compete clause that BMW board members are required to sign - the clause was activated and enforced by BMW.

But the Frankfurter Allgemeine Sonntagszeitung reported Duesmann is now allowed to become the next Audi CEO a few months before the end of his exclusion clause.

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