Zipse to assume new role on 16 August 2019
Munich. Oliver Zipse will assume the role of Chairman
of the Board of Management of BMW AG effective on 16 August 2019. 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 on 15 August 2019.
“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 of the 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.”
The Supervisory Board of BMW AG is currently meeting at the plant
location in Spartanburg, South Carolina, USA, to discuss current
business developments in the US market as well as production at the
biggest plant in the global production network of the BMW Group.
Reithofer emphasised: “With its innovative strength, strong brands and
dedicated employees, the BMW Group will build on its leadership role
in the premium segment going forward and continue on its path to
long-term success.”
Manfred Schoch, Chairman of the Global Works Council and deputy
Chairman of the Supervisory Board said: “The strong partnership
between the Workers’ Council and corporate management has a long
tradition and is the foundation of our success story. We look forward
to continuing this cooperation and shaping the future of the company together.”
For queries, please contact:
Corporate Communications
Max-Morten Borgmann, Corporate Communications
Telephone:
+49 89 382-24118, Max-Morten.Borgmann@bmwgroup.com
Mathias Schmidt, Head of Corporate and Culture Communications
Telephone:
+49 89 382-24544, Mathias.M.Schmidt@bmwgroup.com
Internet: www.press.bmwgroup.com
E-mail: presse@bmwgroup.com
The BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW
Group is the world’s leading premium manufacturer of automobiles and
motorcycles and also provides premium financial and mobility services.
The BMW Group production network comprises 31 production and assembly
facilities in 15 countries; the company has a global sales network in
more than 140 countries.
In 2018, the BMW Group sold over 2,490,000 passenger vehicles and
more than 165,000 motorcycles worldwide. The profit before tax in the
financial year 2018 was € 9.815 billion on revenues amounting to
€ 97.480 billion. As of 31 December 2018, the BMW Group had a
workforce of 134,682 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.
Facebook: http://www.facebook.com/BMWGroup
Twitter: http://twitter.com/BMWGroup
YouTube: http://www.youtube.com/BMWGroupView
Instagram: https://www.instagram.com/bmwgroup