November 15, 2019 11:30 AM, EST

Former BMW Executive Markus Duesmann Named New CEO at Rival Audi

Markus DuesmannMarkus Duesmann by Matthias Schrader/AP

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BERLIN — German automaker Audi says former BMW executive Markus Duesmann is to become its new CEO.

Audi said Nov. 15 that Duesmann, 50, will succeed Bram Schot on April 1.

Herbert Diess, the head of Volkswagen, of which Audi is a part, called Duesmann an “excellent engineer.”

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Audi has struggled to keep up with rivals BMW and Daimler in recent years.

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