BMW has announced that Oliver Zipse will remain as the Chairman of the Board of Management (CEO) until 2026. Zipse joined the executive levels of the company in 2015 and became Chairman in August 2019.

In a press release, Norbert Reithofer, Chairman of the Supervisory Board of BMW, praised Zipse’s leadership and his successful navigation of challenging times. Martin Kimmich, Chairman of the General Works Council of BMW, emphasized the positive cooperation between the Board of Management and the Works Council and expressed confidence that this collaboration would continue during Zipse’s reappointment.

Under Zipse’s leadership, BMW has significantly expanded its electric vehicle lineup, offering fully electric models across most of its core vehicle segments. This strategic move aligns with the global trend toward sustainable mobility, as stated in the press release. Furthermore, BMW has begun development of the Neue Klasse, the next generation of BMW models, with production scheduled to start in 2025. The company has not yet set a specific date to end sales of combustion-powered cars.

Zipse has dedicated his entire professional career to BMW. He joined the company in 1991 and has held various leadership positions since then. In 2019, he assumed the role of CEO at BMW.