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Audi CEO may not stay through 2022 due to board pact, report says

Stadler's contract as Audi CEO was extended on May 17 until the end of 2022. (BLOOMBERG)
AC
By:
Andreas Cremer Edward Taylor
June 04, 2017 05:00 AM

BERLIN -- Embattled Audi CEO Rupert Stadler only received a five-year contract extension last month because of an agreement among supervisory board members that he would not serve out his full term, two sources close to the company's supervisory board told Reuters.

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