Herbert Diess Net Worth (2024) | wallmine

Herbert Diess biography

Dr.-Ing. Herbert Diess serves as Chairman of the Management Board, Group Chief Executive Officer of the Company. 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, Dr. Herbert 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, Dr. Herbert 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. As of July 1, 2020, the Volkswagen Group is reorganizing responsibilities for the management of the brand and the Group: Dr. Herbert Diess will thus be given more freedom for his tasks as Group CEO. Within the Group Board of Management of Volkswagen AG, he will retain overall responsibility for the Volkswagen Passenger Cars division and the Volume brand group.

What is the salary of Herbert Diess?

As the Chairman of the Management Board and Group Chief Executive Officer of Volkswagen AG, the total compensation of Herbert Diess at Volkswagen AG is $9,850,740. There are 1 executives at Volkswagen AG getting paid more, with Markus Duesmann having the highest compensation of $14,940,504.