BMW Extends CEO Oliver Zipse's Contract Until 2026
28 September 2023 - 6:56PM
Dow Jones News
By David Sachs
BMW will keep Oliver Zipse on as chief executive officer until
at least 2026, saying he has strengthened the German luxury car
maker's competitiveness.
Zipse, who has been CEO since 2019, has led BMW through a
volatile economy and a transition to electric vehicles, the company
said Wednesday.
"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," Norbert Reithofer, supervisory
board chairman of BMW said.
The supervisory board also appointed Jochen Goller to the
management board as head of the customer, brands and sales
division. He will succeed Pieter Nota on Nov.1, BMW said.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
September 28, 2023 04:41 ET (08:41 GMT)
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