Volkswagen: Separation from Rupert Stadler
OUT AND OUT Volkswagen has parted company with Audi boss Rupert Stadler. The top manager, who is also well-known in Switzerland, has been in custody since mid-June this year. The public prosecutor's office has accused him of fraud in connection with the diesel scandal in the VW Group. The 55-year-old is said to have known about the manipulations at an early stage, but did nothing to prevent the sale of vehicles [...]
Details are not known.
The public prosecutor's office has accused him of fraud in connection with the diesel scandal in the VW Group. The 55-year-old is said to have known about the manipulations at an early stage, but did nothing to prevent the sale of vehicles with the manipulated emissions software. Since Rupert Stadler's arrest, Chief Sales and Marketing Officer Abraham ("Bram") Schot has been in temporary charge of the car manufacturer.
Amount of severance payment is still open
Rupert Stadler's contract was only extended by five years last year. A high severance payment is therefore on the table. Volkswagen did not provide any information on the amount. Stadler wants to concentrate on his defense in the coming months.
