Audi of America names its first American CFO
WASHINGTON -- Audi of America has named its first American finance chief.
The luxury brand tapped Matt Carpenter, 36, as its CFO, reporting to Audi of America President Scott Keogh, according to an Audi statement. The move is effective immediately.
Carpenter is the first U.S. national to oversee Audi’s financial operations in the U.S., part of a move to shift more responsibility to Audi’s regional offices, the company says.
“Matt knows how to work within this company, both in the U.S. and in Germany,” Keogh said in a statement today. “He knows our business and our stakeholders, and he operates with the credibility earned by excelling in various roles within Audi over the past decade.”
He replaces Christian Schroth, the CFO at Audi’s U.S. unit for the last four years. Schroth was reassigned to Audi in Germany, where he will “lead the digital transformation” of Audi’s finance operation.
Carpenter’s appointment follows another American executive appointment at VW last month. Christine Gaspar was named senior director of human resources at Audi of America. Gaspar also supports the human resources operations at Lamborghini, Bugatti and Bentley in the U.S., reporting to Keogh and VW Group of America human resources chief Michael Beamish.
Carpenter has worked as a management consultant, vehicle merchandising manager and general manager of sales after joining Audi of America in 2007. Last year he was named general manager of dealer remarketing at VW Credit and spent the last five months working in Audi AG’s controlling office in Ingolstadt, Germany.
“The degree of change occurring in today’s transportation business is unprecedented, and Audi is executing a plan to accelerate our growth plans in North America,” Carpenter said in the statement. “Rapidly shifting consumer trends have led to new product and technology requirements, and our business will evolve with our marketplace.”