Oliver Zipse to become new Board of Management Member for Production at BMW

The Supervisory Board of BMW AG appointed Oliver Zipse as the new Board of Management Member for Production, effective from the end of the Annual General Meeting on May 13, 2015. Zipse will take over from Harald Kruger, who will become Chairman of the Board
of Management after the Annual General Meeting.

Oliver Zipse (51) began his career with the company in 1991 as a trainee and has since held various management positions. The designated Board of Management Member for Production is currently Senior Vice-President of Corporate Planning and Product Strategy for the BMW Group.

"Oliver Zipse has broad experience within the BMW Group's international production network. This decision ensures continuity and sets the course for the company’s ongoing successful development," said Prof. Joachim Milberg, Chairman of the Supervisory Board of BMW AG, after the meeting. Zipse's previous roles include Managing Director of Plant Oxford (UK) and Senior Vice-President of Technical Planning for Production.

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