Audi of America appoints Schroth to finance post
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June 07, 2012 01:00 AM

Audi of America appoints Schroth to finance post

Christina Rogers
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    Editor's note: An earlier version of this story provided incorrect new titles for Christian Schroth and Oliver Stein.

    Audi of America will appoint Christian Schroth vice president and financial officer, effective Sept. 1, replacing Oliver Stein who is returning to Germany to fill a similar role at Audi's high-performance subsidiary, quattro GmbH, a company spokesman said.

    Schroth, 39, will move into the new post after three years in South Korea where he was Audi Korea's executive director of finance and administration.

    His arrival comes as Stein, 44, finishes up his rotation at Audi of America, said Brad Stertz, an Audi spokesman. Typically, Audi executives serve three-year posts in different parts of the company, he added.

    Stein joined Audi of America as vice president and financial officer in February 2009. He will serve in a similar role for quattro GmbH, which develops cars and components for Audi's high-performance S and RS lines.

    Stein's departure is unrelated to former Audi of America president Johan de Nysschen's resignation earlier this month, Stertz said.

    De Nysschen left to become head of Nissan Motor Co.'s luxury Infiniti division, after 19 years with Audi.

    The executive shuffle comes as Audi of America strives to boost U.S. sales to 200,000 annually by 2018. Last year, it reported sales of 117,561, its second record-sales year in a row. Through May, Audi's U.S. sales have advanced 15 percent to 52,494.

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