BMW Group Appoints Milan Nedeljković as New Chairman of the Board of Management

[Leadership Change] Oliver Zipse steps down, and Milan Nedeljković assumes the role of Chairman of the BMW Group Board of Management.

Key Development: Milan Nedeljković will officially take over on May 14, 2026, serving a term through 2031.

Oliver Zipse spent 35 years at BMW and has served as Chairman of the Board since 2019, spearheading the NEUE KLASSE strategy and guiding the company through multiple challenges, including the COVID-19 pandemic. The BMW Supervisory Board highly commended his “strategic resolve and long-term commitment.”

Strategic Foundation: Manufacturing Background of New Leader Strengthens Synergy Between Production and Transformation

Successor Milan Nedeljković previously served as BMW Group’s Board Member for Production, bringing deep expertise in engineering and manufacturing management. His appointment is seen as a pivotal move to accelerate BMW’s electrification and intelligent technology implementation.