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BMW Annual General Meeting – Chair Oliver Zipse Retires

At the 106th Annual BMW (XETRA: BMWG.DE) General Meeting today, Chair Oliver Zipse retired after 35 years with the German maker of premium automobiles and motorcycles.* Effective tomorrow, Milan Nedeljković assumes the Chair position on the Board of Management of BMW AG. Raymond Wittmann will succeed Nedeljković as Board Member for Production.

“For more than 35 years, the BMW Group has been my professional home. I am leaving with a deep sense of gratitude: for the trust that was placed in me, for the professional challenges that have taken me to various areas in the company; and above all, for an exceptional team that is shaping the mobility of the future with passion and a pioneering spirit. It has been a great honor for me to lead the BMW Group as Chairman of the Board of Management for seven years,” said Zipse. Continue reading

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