Yashasvi Khushu || The CEO Magazine
Earning a whopping €8,238,020 per annum, the Volkswagen CEO, Herbert Diess was born in Munich, Germany on October 24, 1958.
He studied vehicle technology at Munich University of Applied Sciences from 1977 and then mechanical engineering at Munich Technical University from 1978 to 1983.
After obtaining his degree in engineering, Diess was a scientific assistant at the Institute for Tool Machines and Plant Management of Munich Technical University, where he obtained a doctorate in the field of assembly automation in 1987. From 1988, he headed the Assembly Automation Department of the Institute for Tool Machines and Plant Management. In 1989, he continued his career with Robert Bosch GmbH in Stuttgart.
In 1990, he was appointed Technical Director, Planning and Maintenance, of the Robert Bosch plant at Treto in Spain, where he was General Manager from 1993. In 1996, Diess joined BMW AG in Munich as Director, Long-Term and Structural Planning. From 1997, he headed the Process Consulting Department, first in the Production Division and later in the Engineering and Technology Division.
He was then assigned to the UK, where he was Director of BMW's Birmingham plant from 1999; one year later, he became Director of the BMW plant in Oxford. In 2003, he was appointed Director of BMW Motorcycles. In 2007, he became Member of the Board of Management, Purchasing and Supplier Network, and, in 2012, Member of the Board of Management, Development, of BMW AG.
Effective July 1, 2015, the Supervisory Board of Volkswagen AG appointed Dr. Herbert Diess Member of the Board of Management of Volkswagen AG and Chairman of the Board of Management of the Volkswagen Passenger Cars brand. The Supervisory Board of Volkswagen Aktiengesellschaft has appointed Dr. Herbert Diess as Chairman of the Board of Management of Volkswagen Aktiengesellschaft effective April 13, 2018. Effective January 11, 2019, the Supervisory Board of Volkswagen Aktiengesellschaft has assigned responsibility for the China Board of Management Division to Dr. Herbert Diess, the Chairman of the Board of Management, in addition to his other duties.
At present the Board of Management of Volkswagen AG comprises eight members. Each Board Member is responsible for one or more functions within the Volkswagen Group. Dr. Herbert Diess is the Chairman. The work of the Board of Management of Volkswagen AG is supported by the boards of the brands and regions as well as by the other group business units and holdings.
(Source: https://www.volkswagenag.com/en/group/executive-bodies.html, https://en.wikipedia.org/wiki/Herbert_Diess)
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