Volkswagen names Peter Bosch as new CARIAD CEO, replacing Dirk Hilgenberg

Prof. Dr. Amarendra Bhushan DhirajCEO OpinionsMay 10, 2023

Peter Bosch, CARIAD CEO (Source: Volkswagen AG)

On June 1, Peter Bosch, previously responsible for manufacturing at Bentley Motors, will take over as the chief executive of Volkswagen Group’s software unit CARIAD, replacing Dirk Hilgenberg.

Bosch will also be responsible for finance, purchasing, and IT. Peter Bosch previously worked as a consultant for Oliver Wyman and then joined the VW brand, where he spent almost seven years. Later in 2017, he switched to Bentley.

“Peter Bosch is the right CEO at the right time,” Oliver Blume, CEO of the Volkswagen Group, said. “He is a strategist, an enabler, and a team player. He successfully proved that at Bentley. He knows the Volkswagen Group well and also has extensive experience in the fields of change and consulting.”

As a Member of the Board for Manufacturing at Bentley Motors since 2017, Peter Bosch shared responsibility for the successful restructuring and reorganization of the company. Two further software experts will join the board alongside Peter Bosch, the statement said, without providing names. Rainer Zugehoer will remain as chief people officer in charge of human resources.

The changes come as Volkswagen undergoes a strategic review of Cariad, Chief Executive Oliver Blume said in the statement involves “stepping up the pace and broadening our approach to partnerships.”

Oliver Blume was recently ranked No. 13 in a list of the world’s best CEOs for 2023; meanwhile, Volkswagen Group ranked No. 17X in the CEOWORLD magazine’s ranking of the most influential companies in the world.

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Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.

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