Audi AG, the German luxury carmaker,  has announced that Arno Antlitz will take over as new Chief Financial Officer from March 1, 2020, replacing current CFO Alexander Seitz, who will move to Volkswagen Cars.

The company has also appointed Dirk Grobe-Loheide and Sabine Maaben in the board of management of the brand who will join in 2020. Dirk Grobe-Loheide will be the new Audi board of management member for procurement and IT and he will succeed Bernd Martens.

Sabine Maaben, currently CHRO of Thyssenkrupp Steel Europe AG, will take over the board of management responsibility for human resources at Audi AG from April 1, 2020.

Dr. Arno Antlitz (49) has played a major role at Volkswagen Cars in the development and implementation of the future pact and the turnaround plans in the regions. This has created the financial strength required for the Volkswagen brand to systematically initiate its electric strategy.

 “Audi is realigning itself for the future. To this end, the first key measures have been initiated by the Audi Board of Management under Bram Schot. It is now important for the new CEO, Markus Duesmann, and his future team to make Vorsprung Durch Technik an unmistakable maxim for action at Audi. This must be the mission of the Audi management. I thank Bram Schot and his colleagues for their good work,” says the chairman of the supervisory board of Audi AG, Herbert Diess.

Image source: Auto-Economic Times India