New BMW CEO announced

Management New BMW Chairman Confirmed

2025-12-09 From Thomas Günnel | Translated by AI 1 min Reading Time

In May 2026, Oliver Zipse will step down as Chairman of the Board of Management of the BMW Group. His successor has now been announced.

Milan Nedeljković will become Chairman of the Board of Management of the BMW Group in May 2026.(Image: Rainer Haeckl) — Milan Nedeljković will become Chairman of the Board of Management of the BMW Group in May 2026.
(Image: Rainer Haeckl)

Milan Nedeljković will become Chairman of the Board of Management of BMW AG starting May 14, 2026. The company's Supervisory Board made this decision. Nedeljković will succeed Oliver Zipse, who has been Chairman of the Board of the automaker since August 2019.

Milan Nedeljković has been a member of the Board of Management of BMW AG since 2019, responsible for the Production division. The 56-year-old began his career at the company in 1993 as a trainee. He held leadership positions, including at the Oxford plant, as plant manager in Leipzig and Munich, and as head of corporate quality. His contract as a member of the Board of Management runs until 2031.

Zipse Will Leave BMW as Planned in 2026

After Oliver Zipse's contract as Chairman of the Board of Management of BMW AG was extended in 2023 beyond the usual retirement age until 2026, he will end his board activities as planned after the Annual General Meeting on May 13, 2026, following a total of 35 years with the company.

Oliver Zipse will leave BMW in May 2026.(Image: Stephan Schaar) — Oliver Zipse will leave BMW in May 2026.
(Image: Stephan Schaar)

"Oliver Zipse has achieved great things for the BMW Group, and he deserves our deepest gratitude for that. He navigated BMW through global crises such as the Corona pandemic and represents the Neue Klasse as the company's largest future project," commented Nicolas Peter, Chairman of the Supervisory Board of BMW AG. "For Oliver Zipse, it was always about BMW's success. He consistently took clear positions, even against external resistance, and kept the company on course during turbulent times."

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Date: 08.12.2025

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