US EditionBMW names new boss to steer car giant in tough times
- Milan Nedeljkovic will become the new chief executive of BMW in May, succeeding Oliver Zipse, who is finishing his term.
- Nedeljkovic has worked for BMW since 1993 and currently manages global factory operations for electric and combustion models.
- BMW faces challenges such as competition in the electric vehicle market and declining sales in China.
- Despite these challenges, BMW reported rising profitability in the third quarter, with Zipse calling the company 'resilient'.
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80 Articles
The current head of production, Milan Nedeljković, will take over from Oliver Zipse in mid-May next year. The 56-year-old Nedeljković has been working at BMW since 1993.
Oliver Zipse leads BMW disciplined through all crises. His successor Milan Nedeljković is a completely different type. In uncertain times not without risk.
Long-time director Oliver Zipse will be replaced by a 56-year-old veteran from Kruševac, who has been at BMW for decades.
The new CEO of the Bavarian automotive manufacturer BMW will be Milan Nedeljkovic.
It is no surprise that Milan Nedeljkovic will become the new BMW CEO in May next year, replacing Oliver Zipse. What will the new one do differently?
BMW has a new boss: Milan Nedeljković is expected to take over the position of Oliver Zipse from 14 May next year – who has to leave the position due to his age.The Supervisory Board took a decision on Tuesday, as the company announced. His contract runs until 2031. Currently, Nedeljković is still the production director.Zippse also held this office before moving to the head of the Group in 2019.His predecessor Harald Krüger or Norbert Reithofer…
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