As shareholders, the Rimac Group holds 55 percent of the shares, while Porsche holds 45 percent of the new company. Mate Rimac, founder and CEO of Rimac Automobili, is now CEO of Bugatti Rimac, headquartered in Sveta Nedelja. Porsche AG becomes a strategic shareholder. Christophe Piochon, previously Managing Director of Production and Logistics at Bugatti, will become Bugatti’s new President. He will join Mate Rimac at the management team of the joint company, as Chief Operating Officer. Oliver Blume, chairman of Porsche AG, and Lutz Meschke, deputy chairman and CFO, are members of the supervisory board. Stephan Winkelmann, who has been holding a dual position as President of both Bigatti and Automobili Lamborghini since December 1, will focus exclusively on his work as Chairman and CEO of the Italian manufacturer of luxury sports cars and SUVs, from November 1, 2021.
Hendrik Malinowski, who was previously Head of Sales and Operation at Bugatti Automobiles S.A.S., is appointed to the company’s management board as Managing Director responsible for Sales and Marketing for Bugatti brand. Larissa Fleischer leaves Porsche AG, where she served as Director of Controlling for Digitalization and the development of new business model, to become the new Chief Financial Officer in the Bugatti Rimac joint company. Emilio Scervo will be the new Chief Technology Officer of Bugatti Rimac d.o.o.- he previously held a similar position at McLaren and at Rimac Automobili.
All Bugatti models will still be made by hand at the Molsheim Atelier. The jobs located there remain secure for the long term. The Bugatti Rimac joint company will start with 435 employees, of whom 300 will work in Zagreb and 135 in Molsheim (France). In addition, there will be 180 employees from the Wolfsburg development site.
Bugatti and Rimac will be independent brands and retain their production sites in Zagreb and Molsheim, as well as their respective sales channels. As independent brands, they will continue growing with separate vehicles.