Board Of BMW Group Extends Oliver Zipse’s Contract As CEO Until 2026

Supervisory Board of BMW Group extends Oliver Zipse’s contract as chairman until 2026.

Also at its meeting, the Supervisory Board also appointed Jochen Goller to the Board of Management of BMW AG.

Goller, who succeeds Pieter Nota, take over responsibility for the division Customer, Brands and Sales on Nov 1.

The Supervisory Board of BMW Group has extended the contract of German business executive, Oliver Zipse, as the Chairman of the Board of Management (CEO) until 2026. 59 year old Zipse has been a member of the Board of Management since 2015 and Chairman of the Board since 16 August 2019.

During his term of office, the BMW Group significantly expanded its range of electric vehicles and started the development of the Neue Klasse as the next model generation, with production starting in 2025.

Norbert Reithofer, Chairman of the Supervisory Board of BMW AG, said:

“Oliver Zipse has very successfully steered the company in recent years through an extremely volatile environment. In a phase of global crises and profound transformation, the BMW Group has not only achieved reliably robust results under his leadership, but has also sustainably strengthened its leading position in global competition. With the Neue Klasse, the BMW Group is well on track to further expand this position.”

Martin Kimmich, Chairman of the General Works Council of BMW AG, said:

“The good cooperation between the Board of Management and the Works Council will be continued with the reappointment of Oliver Zipse. I am convinced that we will continue to jointly take constructive decisions and I am therefore looking positively to the future.”

Also at its meeting, the Supervisory Board also appointed Jochen Goller to the Board of Management of BMW AG. Goller will succeed Pieter Nota and take over responsibility for the division Customer, Brands and Sales on November 1, 2023.

Jochen Goller has been with the BMW Group since 1999 and spent more than ten years with the company in the UK and China in various, also cross-brand functions

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