BMW AG has announced the appointment of Oliver Zipse as Chairman of the Board of Management with effect from August 16 2019. The company said Zipse will succeed Harald Krüger, who has expressed a desire not to seek a contract extension.
Zipse 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 at BMW AG in 1991 as a Trainee and has since then held various management positions, such as Managing Director, Plant Oxford and Senior Vice President, Corporate Planning and Product Strategy.
Dr Norbert Reithofer, Chairman of the Supervisory Board of BMW AG, said Oliver Zipse will provide the Group with a fresh momentum in shaping the mobility of the future.