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Audi Procurement Chief Renate Vachenauer to Depart in Latest Board Shake-Up

Her exit would leave the automaker without a woman on its board, prompting a push to restore required representation.

Overview

  • Audi's supervisory board is set to address the personnel matter today, with the departure to be presented as by mutual agreement according to reports.
  • People familiar with the situation say the move follows poor chemistry with CEO Gernot Döllner.
  • A male successor with automotive-sector experience is expected to take over the procurement post at the start of next year, though his identity has not been disclosed.
  • The change removes Audi's sole female board member and requires the company to work on reestablishing legally mandated female representation in top management.
  • The turnover comes as Audi contends with model delays, technological setbacks, and weaker sales and profits that have become a broader strain for Volkswagen.