Bram Schot remains Audi boss: BMW does not release Markus Duesmann

News | November 27th, 2018 by 4
Audi CEO Bram Schot 2018 01 1024x681 830x553

BMW has decided to not release its former board member Markus Duesmann from his contractual obligations in order to become the next CEO of Audi AG. According to German media, Bram Schot will now be a permanent solution. Schot has been acting as CEO since ex-Audi boss Rupert Stadler was taken into custody and later release for his alleged involvement in the diesel scandal.

Although the change from acting to permanent chief post has not yet been officially confirmed, the Süddeutsche Zeitung relies in its report on several corporate insiders and leaves virtually no room for speculation. The 57-year-old Dutchman is therefore officially the successor to Stadler.

Audi CEO Bram Schot 2018 01 1024x681 830x552

Bram Schot Temporary CEO of AUDI AG and Board Member for Sales and Marketing

Back in July, Audi confirmed that it plans to hire the BMW procurement director Markus Duesmann to occupy the vacant post at the head of the VW subsidiary. German automakers have an industry-standard blocking clause, which would have prevented him from immediately working for a direct competitor.

Apparently, that clause was activated and enforced by BMW. Evidently, people in Wolfsburg assumed that they would be able to avoid Duesmann’s blocking period, but no deals were made.

P90227396 markus duesmann as of 1 october 2016 member of the board of management of bmw ag purchasing and supp 2250px 830x553

Markus Duesmann

Obviously, there is little interest in Munich in releasing the top manager, who is now blocked from working for competitors until 2020.

From the point of view of the BMW Group, holding on to the blocking period should also be an important long-term signal both internally and externally.

Because there are two key messages: Our board is not a self-service shop for other car makers, we keep our top staff. And of course, the current BMW managers are also likely to take note of the fact that a job change could have some repercussions.

[Source: Bimmertoday]

4 responses to “Bram Schot remains Audi boss: BMW does not release Markus Duesmann”

  1. maxnix says:

    But did they give him any Financial reward for retaining him?

    • cnet-970ad33b278bd3b05502252be3640ea5 says:

      Reward him for keeping an existing contract he signed with his employer? He’s a free agent in 2020. Following dieselgate’s potentially huge liabilities & damages, VW are allying with struggling Ford, why would anyone want to jump to a floundering ship? Apparently BMW employees are only allowed to move to Asia, not up the road.

      • maxnix says:

        I think it is called goodwill rather than a disgruntled employee.

        I’m pretty certain that VW would make him a very financially attractive offer.

        • cnet-970ad33b278bd3b05502252be3640ea5 says:

          Duesmann joined BMW over a decade ago, running F1 & engine development before being assigned to the Board for Purchasing of an expanding company already doing record volume, I’m sure he’s well compensated. Except for becoming CEO before 50, I don’t know why he would consider the change. I wonder if Carlos Ghosn has placed a chill on executive compensation, Audi were in enough legal trouble already.

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