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 .
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 Nobert Reithofer, Chairman of the Supervisory Board of BMW AG.
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.”
