Wolfgang Durheimer, 55, will replace Dr Wolfgang Schreiber to become the Chairman and Chief Executive Officer of Bentley Motors Ltd with effect from June 1, 2014. Dr Wolfgang Schreiber will now take up a leading position within the Volkswagen Group.
“I would like to thank Wolfgang Schreiber for his successful work with Bentley and Bugatti and the consistent further development of the two brands,” said Dr Martin Winterkorn, Chairman of the Board of Management of Volkswagen AG.
Under the leadership of Schreiber, Bentley set new records in terms of deliveries, sales and profit last year. Bentley delivered 10,120 vehicles, 19 percent more than in 2012. Sales grew by 15.5 percent and profits by 66.9 percent.
Wolfgang Durheimer holds a degree in engineering and started his career in 1986 with BMW, where he held various management positions until 1998. In 1999, he joined Porsche AG, where he became Board Member for research and development in 2001. In 2011, he was appointed CEO of Bentley Motors and Bugatti. In September 2012, he became a Member of the Board of Management of AUDI AG, where he was responsible for technical development. After stepping down from this position, he is to be appointed to the Volkswagen Group committees responsible for the USA and China markets in addition to heading the Bentley and Bugatti brands.