Winterkorn finally quits as Audi chairman

Winterkorn finally quits as Audi chairman

Former Volkswagen Group chief executive Martin Winterkorn has finally resigned from his position as Audi chairman.

The executive was ousted from the CEO role in late September, just days after the Environmental Protection Agency made its first announcement detailing emissions non-compliance with one of VW’s TDI engines.

Despite VW dropping Winterkorn as CEO in an apparent display of accountability, the executive continued to retain leading roles at Audi and Porsche SE. Amid growing criticism, he eventually agreed to resign from the Porsche holding company last month, handing the reins to fellow board member Hans Dieter Poetsch.

Once one of the top paid executives in Germany, the disgraced Winterkorn is now reportedly the focus of numerous investigations into potential criminal actions related to the emissions scandal. In a carefully worded statement confirming his resignation as CEO, he has claimed to be “not aware of any wrongdoing on my part.”

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