Chennai: Oliver Zipse will assume the role of chairman of the board of management of BMW AG, said the automaker.
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.
“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 chairman of the supervisory board of BMW AG, Norbert Reithofer.
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 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.