Oliver Zipse appointed Chairman of BMW’s management board

He succeed Harald Krüger who will resign as Chairman and leave the board by mutual agreement August 15

e4m by exchange4media Staff
Updated: Jul 19, 2019 6:25 PM
Oliver

Oliver Zipse will assume the role of Chairman of the Board of Management of BMW AG effective from August 16. The company’s supervisory board made this decision today during its meeting in Spartanburg, South Carolina (USA).

Zipse will succeed Harald Krüger, who informed the Chairman of the Supervisory Board at the beginning of July that he would not seek a second term of office. Krüger will resign as Chairman and will leave the Board of Management by mutual agreement August 15.

“With Oliver Zipse, a decisive strategic and analytical leader will assume the Chair of the Board of Management of BMW AG. He will provide the BMW Group with fresh momentum in shaping the mobility of the future,” said Dr Norbert Reithofer, Chairman, Supervisory Board of BMW AG.

Zipse, the designated Chairman of the Board of Management, has been a member of the Board of Management of BMW AG since 2015 and is currently responsible for the production division. He began his professional career in the company in 1991 as a Trainee and has since held various management positions, including as Managing Director Plant Oxford and Senior Vice President Corporate Planning and Product Strategy.

Reithofer continued, “The Supervisory Board greatly respects the decision by Harald Krüger and today expressed our sincere appreciation for his many years of successful work within the BMW Group. On behalf of the entire company, we all wish him all the best in the future and hope that the BMW Group will always have a special meaning for him.”

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