Markus Duesmann to become BMW AG Board of Management Member for Purchasing¶

Klaus Draeger will step down at retirement age

 

Munich. At its meeting today, the Supervisory Board
of BMW AG appointed Markus Duesmann as the new Board of Management
Member for Purchasing and Supplier Network. Effective 1 October 2016,
Duesmann (47) will take over from Dr. Klaus Draeger (59), who will
retire from the Board of Management upon reaching the legal retirement age.

 

Mechanical engineer Markus Duesmann joined the BMW Group in 2007 as
head of Powertrain for the former BMW Sauber Formula One team. He went
on to become head of Driving Dynamics and was most recently
responsible for the topic of powertrains in its entirety in the
company’s development division.

 

After earning a degree in mechanical engineering, Klaus Draeger began
his career with the BMW Group back in 1985 as a trainee. He has been a
member of the Board of Management since 2006, with responsibility for
the Development division until 2012. Since then, he has headed the
Purchasing and Supplier Network division.

 

“With Markus Duesmann, we are placing responsibility for the
Purchasing division in the hands of a recognised specialist and
leader. This puts us in an excellent position to continue the success
of the BMW Group,” stated Dr. Norbert Reithofer, Chairman of the
Supervisory Board of BMW AG. Reithofer continued: “I would like to
thank Klaus Draeger for his successful service to the BMW Group over
more than thirty years. As Board of Management Member for Development,
his achievements include promoting Efficient Dynamics and digital
connectivity across the product line-up. At the same time, he
consistently implemented electrification under the BMW i umbrella.

 

His time as Board of Management Member for Purchasing has been
characterised by close and collaborative partnership with suppliers on
an equal footing. He paved the way for the division’s forward-looking
purchasing policy, focusing equally on innovation, quality and
flexibility, as well as cost considerations.”

 

 

If you have any questions, please contact:

 

Corporate Communications

 

Michael Rebstock, Business and Finance Communications,
michael.rebstock@bmw.de

Telephone: +49 89 382-20470, Fax +49 89 382-24418

 

Nikolai Glies, Head of Business and Finance Communications,
nikolai.glies@bmw.de

Telephone: +49 89 382-24544, Fax: +49 89 382-24418

 

Media website:
www.press.bmwgroup.com

Email:
presse@bmw.de

 

 

 

The BMW Group

 

With its three brands BMW, MINI and Rolls-Royce, the BMW Group is the
world’s leading premium manufacturer of automobiles and motorcycles
and also provides premium financial and mobility services. As a global
company, the BMW Group operates 31 production and assembly facilities
in 14 countries and has a global sales network in more than 140 countries.

 

In 2015, the BMW Group sold approximately 2,247 million cars and
nearly 137,000 motorcycles worldwide. The profit before tax for the
financial year 2015 was approximately € 9.22 billion on revenues
amounting to € 92.18 billion. As of 31 December 2015, the BMW Group
had a workforce of 122,244 employees.

 

The success of the BMW Group has always been based on long-term
thinking and responsible action. The company has therefore established
ecological and social sustainability throughout the value chain,
comprehensive product responsibility and a clear commitment to
conserving resources as an integral part of its strategy.

 


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