Markus Duesmann – Audi Car’s Chairman & Board of Management | Age, Biography, Wiki, Career, Net Worth, Wife and Facts

Markus Bernhard Duesmann (born June 23, 1969 in Heek ) is a German automotive executive who has served as Audi’s Chairman of the Board of Management since 2020.

Read the Markus Bernhard Duesmann’s Biography, Wiki and Latest Facts

Markus Duesmann supports the transition to electric motors and has set a deadline for the company’s combustion engines to be phased out.Duesmann is a member of the Volkswagen Group’s Board of Management, where he is in charge of the brands Audi, Bentley, Ducati, and Lamborghini.

Markus Duesmann was the final high-level appointment made by former Volkswagen Group Chairman Herbert Diess. Duesmann’s dismissal was apparently expected, given that he joined the Volkswagen Group from BMW alongside Diess.

After the luxury automaker’s supervisory board approved a resolution on Thursday, Audi announced that Gernot Doellner, who will follow Markus Duesmann as CEO, will take over in September.

Audi is the luxury vehicle brand of the Volkswagen Group. According to sources, the vehicle costs more than $70,000.00. Many individuals around the world would want to acquire this car if money were not an issue.

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Markus Duesmann Gehalt’s educational Career

Duesmann was born in Rheine, Westphalia, and spent his childhood there. He graduated from the Arnold-Janssen-Gymnasium, a Catholic private school in Neuenkirchen, in 1988.He subsequently went on to study mechanical engineering at Münster University of Applied Sciences in Steinfurt.He received his engineering degree in 1991.

How much is Audi CEO Markus Duesmann Gehalt Net Worth? Salary Revealed!

Audi CEO Markus Duesmann’s net worth is estimated to be between $25 and $30 million, according to various sources. He is said to be paid $14,204,877 a year.

markus Duesmann's Bio and WIki
Markus Duesmann appears to have earned a sizable fortune as Audi CEO. (Image Via: Audi)

Markus Duesmann was appointed CEO of Audi AG and a member of the Volkswagen Group’s executive board in April 2020. He takes over for Bram Schot, Audi’s CEO since 2018.

He seemed to have earned a large wealth during his three-year stay.

According to The New York Times, Herbert Diess, the previous chairman of Volkswagen, moved Mr. Duesmann from BMW to Audi three years ago. He was expected to boost sales of its electric automobiles.

As a result of a chip scarcity caused by the coronavirus pandemic, the firm prioritized higher-end vehicles over more affordable ones, resulting in a 40% increase in earnings to 7.6 billion euros, or $8.3 billion, in 2022.

According to reports, the business is now working on the final generation of automobiles using combustion engines. Audi is adding ten new electric models to its lineup, with the goal of producing entirely electric vehicles by 2026.

His dismissal is also linked to it. According to People Matters, he was fired due to decreasing sales in China and the sluggish implementation of electric vehicle (EV) items.

Markus Duesmann’s Career and Profession

Markus Duesmann was born on June 23, 1969, in Heek, North Rhine-Westphalia. After finishing his mechanical engineering studies at Muenster University of Applied Sciences, the retiring Audi CEO got an engineering degree in 1991.

markus Duesmann's Career
Markus Duesmann has a wealth of industry knowledge. (Photo Via: The New York Times)

Mr. Duesmann joined Mercedes-Benz in Stuttgart in 1992 as a design engineer for a V12 series-production engine.

In 1995, he moved to the Aachen, Germany-based development service provider FEV GmbH. Where he held many positions, the most recent of which was head of the engine mechanics division.

In 2004, he was named main department manager for new diesel engines at DaimlerChrysler AG in Stuttgart. He was appointed head of Formula One development at Mercedes-Benz in Brixworth, England, in 2005.

Duesmann joined BMW AG in 2007 as the company’s head of Formula 1 powertrain. He held numerous accountable positions in that company before becoming a member of the BMW AG Board of Management for Purchasing and Supplier Network.

Markus was appointed Chairman of the Board of Management of AUDI AG by the AUDI AG Supervisory Board in April 2020. Mr. Duesmann must have made a lot of money throughout his career.

Conclusion

Duesmann has taken on additional mandates in Group companies’ supervisory. And control bodies as part of his work for Volkswagen and Audi.

He was voted to the FC Bayern Munich supervisory board and became second chairman of the board in 2021. Duesmann served as a BMW representative on the board of the Association of Friends of the Technical University of Munich from 2017 to 2018.