Mr. Stadler is leaving the companies with immediate effect and will no longer work for the Volkswagen Group. Stadler is doing so due to his ongoing pretrial detention, he is unable to fulfil his duties as a member of the board of management and wishes to concentrate on his defence. The contractual execution depends on the course and outcome of the criminal proceedings.
Rupert Stadler began working for Audi in 1990 and has worked for the Volkswagen Group ever since. He joined the board of management of Audi AG on 1 January 2003 and was made chairman on 1 January 2007. He was also appointed to the board of management of Volkswagen AG on 1 January 2010.
Martin brings with him a wealth of motor industry marketing experience, having worked for 20 years in the automotive sector. He has previously held the positions of European Marketing Director for Nissan in Paris and European Marketing Director for Honda, based in the UK.
David Peel, Managing Director of Peugeot UK, said: "We are delighted to be welcoming Martin Moll to the Peugeot UK team. He is joining at an exciting time for the brand, as it goes from strength to strength, with the all-new Peugeot 508 and all-new Peugeot Rifter, the latest models from our new-look product range to be launched. Martin brings a broad commercial appreciation and understanding of how our business operates and we look forward to seeing him continuing this upwards momentum. I would also like to say a huge thank you to Mark for his valuable contribution to the Peugeot Marketing team and we wish him all the very best in his new role as Free2Move Lease Commercial Director"
Commenting on his appointment, Martin said: "I am thrilled to be taking on this role and look forward to the opportunities that lie ahead. Peugeot has had great success in recent times, bringing to market an impressive range of products, particularly the Peugeot 3008 SUV and all-new 5008 SUV. It is great to be joining the company at such an exciting time and I cannot wait to get involved to help ensure the brand's continued success."
Martin Moll's appointment is effective immediately.
Francis brings extensive experience growing and leading companies across the automotive and technology industries. As a member of Quanergy's board of directors and independent director, she will advise the company on key business strategy and development initiatives.
"Karen's deep knowledge of the automotive industry and strong background of corporate leadership will prove instrumental as Quanergy expands our partnerships and product offerings," said Dr. Louay Eldada, CEO of Quanergy. "As we continue to innovate and execute on business goals, we welcome her wisdom and insight to help guide Quanergy's business development and growth strategy."
Francis brings decades of corporate leadership and technology experience across public and private companies. Most notably, she served as Chairwoman and CEO of Academix Direct, a Silicon Valley-based education technology firm, and Chairwoman and CEO of Publicis and Hal Riney.
She has also held senior leadership positions at Ford Motor Company as Vice President and President/CEO of ConsumerConnect, Ford's corporate venture capital group and at General Motors as the General Manager of Oldsmobile where she was responsible for all sales, marketing, strategy and product development. She currently serves on a number of boards, including the connected car embedded navigation company, Telenav and AI-powered autonomous vehicle technology company, Nauto.
Francis is a frequent speaker on the future of autonomy, innovation, talent development and corporate governance. In recognition of her exemplary board leadership, she has been named a National Association of Corporate Directors Fellow, the highest level of credentialing for corporate directors and corporate governance professionals. Francis holds a Bachelor of Arts degree in economics from Dartmouth College and a Master of Business Administration from Harvard Business School.
"LiDAR will play a critical role in the future of automation," said Karen Francis. "Quanergy's relentless commitment to developing high-performing LiDAR sensors and perception software and long-term vision of applying LiDAR technology across a wide range of markets will make the company a key leader as the industry matures."
Volkswagen CEO and Audi Supervisory Board Chairman Herbert Diess: "We deeply regret that Peter Mertens is stepping down from the Board of Management. We respect the reasons that led to his decision and wish him a full recovery. Hans-Joachim Rothenpieler is an experienced expert who will continue to advance the transformation of Technical Development."
Peter Mosch, Chairman of the General Works Council and Deputy Chairman of the Supervisory Board of Audi AG: "We thank Peter Mertens for his outstanding commitment to our company. We regret having to say farewell to such an innovative and inspiring executive. The entire Audi team wishes him all the very best. His successor as the new Board of Management member, Hans-Joachim Rothenpieler, must now continue with the consistent focus of the structures and processes of our Technical Development to ensure an employee-friendly transformation, because the know-how of our team is our Vorsprung durch Technik. In this way, Audi will continue to be the technological spearhead of the Volkswagen Group and will continue to set standards for cutting-edge automotive technologies."
Volkswagen CEO and Audi Supervisory Board Chairman Herbert Diess: "Hans-Joachim Rothenpieler has gained a great deal of experience in his numerous responsible positions at the Group, which will help him to make a start quickly in his new position at Audi. His task will be to continue the transformation of Technical Development and to further advance along the path towards electric mobility."
According to the company's plans, approximately 2,500 Technical Development employees will additionally be qualified in future fields such as electric mobility, piloted driving, connectivity and future vehicle concepts by the end of 2018.
Hans-Joachim Rothenpieler will take over the Technical Development division on November 1, 2018. He has been employed at the Volkswagen Group since 1986. Rothenpieler's previous positions include Head of Vehicle Development at Skoda, Member of the Board of Management for Technical Development at the premium brand Bentley, and Member of the Board of Management for Development at Volkswagen Commercial Vehicles. Since 2016, Rothenpieler has been Head of Group Quality Management at Volkswagen.
Powertrain division will oversee all future business involving hybrid and electric drive systems. It will be under new management starting October 1, 2018.
Wolf was previously in charge of the Body and Security business unit in the Interior division. Under his leadership, this business unit has trippled its sales, became profitable again and continually achieves attractive margins. Furthermore, he was involved in founding the recent joint venture with Osram and was responsible for the carve-out of Continental's part of the business.
The new management team will consist of Werner Volz (59), head of Finance and Controlling, and, starting January 1, 2019, Ingo Holstein (52), head of HR.
Werner Volz is an experienced financial expert who has held managerial positions in various business areas for more than 27 years. He has headed Finance and Controlling in Continental's Chassis & Safety division since 2008. In particular, he played a major part in the successful restructuring of these areas during the financial crisis in 2008/2009 as well as in the lasting successful growth management of the business with advanced driver assistance systems.
Ingo Holstein has been the head of HR in the Tires division since 2010. He has gathered extensive expertise in the shaping of businesses through personnel work as well as management guidance and development.
Together with their teams, these three will be in charge of creating the group of legal entities and for preparing the partial IPO, which is expected to be possible starting mid-2019. This will ensure the continued development of the upcoming transition in the powertrain business. Continental still does not plan to relinquish control of the powertrain business in the medium or long term.
Andreas Wolf, the new head of the powertrain business, had the following to say about his new position: "We are already working hard to improve our operations now and in the long term, while preparing for potentially accessing capital markets. We are confident that we will be able to expand upon our strong, global position substantially in the coming years."
Stephanie joined Vauxhall in 1994 as an Aftersales Business Analyst and, from 2006, rapidly rose through the ranks of Sales District Manager, Regional Operations Manager, National Sales Manager, Marketing Programmes Manager and currently National Major Group Manager. Stephanie replaces Leon Caruso who has chosen to pursue an opportunity outside of Groupe PSA.
Stephanie Howson said: "I am delighted to take up my new position as Retail Sales Director working with a great team and retailer partners to deliver our strategic PACE! plan. Together, our goal is to deliver the sales growth and brand reputation enhancement that our great products and services deserve."
Stephen Norman, Group Managing Director Vauxhall Motors and Opel Ireland, said: "I'm delighted to promote Stephanie to Sales Director. Her extensive knowledge of the automotive industry and personal technical and behavioural qualities will be a great benefit to the management board of the business. I would also like to thank sincerely Leon Caruso for his long commitment to Vauxhall Motors and his contribution to the PACE! turnaround plan. I wish him well for the future."