On Thursday, the upscale automaker Audi named Gernot Döllner as its new CEO. Markus Duesmann, who had held the job since April 2020, was succeeded by him.
The new amendment is scheduled to go into effect on September 1, 2023. Döllner has experience working for many Volkswagen Group divisions, including Porsche and Volkswagen, and he has a degree in mechanical engineering.
Gernot Dollner is recognized as one of Porsche and VW Group CEO Oliver Blume’s closest friends.
The next CEO will be in charge of implementing and publicizing Audi’s “Vorsprung 2030” plan, which places an emphasis on electrification, digitization, and sustainability.
However, did you ever wonder how much these CEOs of premium brands make? Discover it farther down.
Audi CEO Gernot Döllner’s expected Net worth in 2023
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We presume he is fairly rewarded for his position even if there is no accurate information regarding his exact net worth.
Comparably, the CEO of Audi earns a yearly compensation of $236,419 on average. However, the remuneration for each person varies depending on their qualifications and level of industry experience.
The average expected income for executives at Audi, including base pay and incentives, is $238,906, or $114 per hour. The lowest-paid executive at Audi, meanwhile, makes $50,000 annually, while the highest-paid executive makes $700,000.
Gernot Dollner is in charge of bolstering Audi’s product strategy and positioning in significant markets, particularly in the electrification space.
He will undoubtedly receive a substantial award because he is one of the primary representatives of the upscale company Audi.
According to The New York Times, Mr. Duesmann was transferred from BMW to Audi three years ago with the intention of helping the firm innovate and increase sales of its electric vehicles.
Oliver Blume succeeded Herbert Diess as CEO of Volkswagen in September.
The company chose to prioritize its higher-end automobiles over more affordable cars as it dealt with a chips shortage brought on by supply chain issues related to the coronavirus pandemic. This decision led to a 40% increase in earnings to 7.6 billion euros, or $8.3 billion, in 2022.
Salary of Volkswagen Group’s Chief Strategy Officer, Gernot Döllner
The next CEO of Audi and the head of strategy for the Volkswagen Group, Gernot Döllner, will begin his duties on September 1.
The average yearly compensation for a strategy manager at the Volkswagen Group in America, according to Glassdoor, ranges from $141K to $223K.
Gernot Dollner must thus earn more than this as the group’s main strategist.
Additionally, Doellner, a lifelong worker for the Volkswagen Group, joined the company in 1993 as a Ph.D. student and eventually rose to the position of head of product development at Porsche.
He handled the Panamera line from 2011 to 2018, and in 2021 he was appointed head of product planning at Volkswagen AG.
Duesmann’s removal, as noted by Reuters, is the second substantial leadership move at Volkswagen Group under Chief Senior Oliver Blume. Blume recently appointed Peter Bosch as the CEO of the software company Cariad after dismissing all but one of the senior personnel there.
Audi is now working on the last generation of combustion engine cars while adding 10 new electric models to its lineup, with the intention of producing only electric vehicles beginning in 2026.
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