MOVERS AND SHAKERS
Audi’s Rupert Stadler is shown the door
Stadler, who has been jailed since June in Germany, also stripped of his position on VW’s board of management
In the latest fallout from the three-year old dieselgate scandal, Volkswagen on Tuesday terminated Audi CEO Rupert Stadler. Stadler, who has been jailed since June in Germany, was also stripped of his position on VW’s board of management. "Due to his ongoing pretrial detention, he is unable to fulfill his duties as a member of the board of management and wishes to concentrate on his defense," VW said in a statement. VW added that it considered Stadler innocent until proven otherwise, and left the door open for his return by saying that his contractual execution depends on the course and outcome of the criminal proceedings. Sales executive Bram Schot will continue to stand in for Stadler in the interim. Audi’s supervisory board and that of the parent company, the Volkswagen Group, had been trying to get Stadler out the door ever since German prosecutors took him into custody in June this year, over concerns he would suppress evidence related to dieselgate. The scandal, which broke in...
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