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BMW says board member Froehlich not a candidate to replace Audi CEO

Published 02/16/2018, 10:38 AM
Updated 02/16/2018, 10:40 AM
© Reuters. FILE PHOTO: Car manufacturers display their wares on the show floor of the North American International Auto Show in Detroit
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FRANKFURT (Reuters) - BMW (DE:BMWG) on Friday denied a media report saying that Klaus Froehlich, board member responsible for research and development, was a potential candidate to succeed embattled Audi (DE:NSUG) Chief Executive Rupert Stadler.

© Reuters. FILE PHOTO: Car manufacturers display their wares on the show floor of the North American International Auto Show in Detroit

German tabloid Bild reported on Friday that Stadler would leave in April because of his handling of the diesel emissions affair, adding Froehlich was a potential candidate to replace him.

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