Herbert Diess is expected to be named head of Audi's supervisory board next month, a traditional post for the VW Group CEO, a media report said.

Diess, who head of the VW brand since 2015, replaced Matthias Mueller as CEO of VW group last Thursday and is expected to replace Mueller as chair of Audi's 20-strong supervisory board at a meeting on 8 May, one day before the brand's annual general meeting, Reuters sources said.

"The supervisory board will take a decision on the chair at its next meeting," an Audi spokesman told the news agency which noted German magazine Automobilwoche had reported on Saturday Diess wanted to become Audi chairman.

Reuters noted the VW group CEO traditionally has headed Audi's supervisory board. It's the group's premium brand and most profitable unit.

German media also reported at the weekend VW had not cancelled Mueller's contract so he remains on the payroll until 2020. He earned EUR10m last year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.