Audi’s CEO, Markus Duesmann, was just let go. Gernot Döllner has been named the next CEO of Audi by Volkswagen. Many individuals are interested in finding out more information about Duesmann’s earnings and wealth after hearing the news.
Herbert Diess’ final top-level hire was Markus Duesmann, formerly the chairman of the Volkswagen Group.
Duesmann joined the Volkswagen Group from BMW alongside Diess, therefore it was rumored that his firing was imminent.
After the Audi supervisory board approved a resolution on Thursday, Gernot Doellner, who will follow Markus Duesmann as CEO, was announced to take up the position in September.
The luxury auto brand of the Volkswagen Group is Audi. The automobile reportedly costs more than $70,00. It is safe to say that if money were no object, many people all over the world would adore owning this vehicle.
Have you ever wondered how much the CEO of Audi gets paid? Discover it farther down.
What is the net worth of Audi CEO Markus Duesmann Gehalt?
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Markus Duesmann, CEO of Audi, reportedly has a net worth of $25 to $30 million. He apparently receives a yearly salary of $14,204,877.
Markus Duesmann was named CEO of Audi AG and a member of the Volkswagen Group’s board of management on April 1, 2020. He replaced Bram Schot, who had served as CEO of Audi since 2018.
He seemed to have accumulated a huge wealth during his three-year tenure.
According to The New York Times, Mr. Duesmann was transferred from BMW to Audi three years ago by Herbert Diess, the previous head of Volkswagen. It was hoped that he would boost sales of its electric cars.
The firm decided to prioritize its more expensive vehicles above more affordable ones while dealing with a scarcity of processors brought on by the coronavirus pandemic, which resulted in a 40% increase in earnings to 7.6 billion euros, or $8.3 billion, in 2022.
According to reports, the company is now developing the last batch of combustion engine automobiles. Audi is adding 10 new electric models to its lineup in preparation for producing only electric vehicles starting in 2026.
The termination of Markus is also connected to it. According to People Matters, he was fired as a result of sluggish EV product deployment and declining sales in China.
An overview of Markus Duesmann’s previous career!
On June 23, 1969, Markus Duesmann was born in Heek, North Rhine-Westphalia.
The outgoing Audi CEO finished his mechanical engineering studies at Muenster University of Applied Sciences in 1991 and received an engineering degree.
From September 1st, 2023, Gernot Doellner will take over as CEO in place of Markus Duesmann Gehalt.
As a design engineer for a V12 series-production engine, Mr. Duesmann joined the Mercedes-Benz company in Stuttgart in 1992.
In 1995, he moved to Germany and began working for FEV GmbH, a development service provider. He had a number of positions there, the last of which was head of the engine mechanics division.
At DaimlerChrysler AG in Stuttgart, he was named head department manager for new diesel engines in 2004. His position as director of Formula 1 development at Mercedes-Benz in Brixworth, England, was created in 2005.
Duesmann joined BMW AG in 2007 and is now the organization’s head of Formula 1 powertrain. Before being elected as a member of the BMW AG Board of Management for Purchasing and Supplier Network, he held a number of responsible positions in that company.
In April 2020, Markus was appointed by the AUDI AG Supervisory Board as Chairman of the Board of Management. Mr. Duesmann must have made a good living during his career.
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