Former Porsche exec named new Audi CFO

Audi mentioned it has appointed Juergen Rittersberger, a previous Porsche executive, its new main economical officer.

Rittersberger succeeds Arno Antlitz, who is transferring to become CFO at parent Volkswagen Group.

Rittersberger will get more than the posture starting up in April, Audi mentioned in a statement.

He moves to Audi from his position as head of approach at VW Group. Prior to that he was head of corporate growth at Porsche from 2010 to 2018.

Rittersberger has a diploma in business enterprise data know-how.