VW Names Schot as Interim Audi Chief After Stadler Arrest
Volkswagen AG picked Bram Schot as interim chief at its Audi unit, taking nearly two days to decide after being caught wrong-footed by the surprise arrest of longtime leader Rupert Stadler over his role in the diesel-emissions scandal. Audi accepted a request by Stadler, who remains in custody pending questioning, “to release him from his duties,” according to a statement Tuesday. The deferential wording contrasts with an executive reshuffle in September, which Schot was also part of, that ousted four out of seven management board members without explaining their shortcomings.