BMW promotes production chief Oliver Zipse to CEO role

The BMW Group, responsible for the BMW, Mini and Rolls-Royce brands, on Thursday named Oliver Zipse as its new CEO. Zipse replaces Harald Krueger who earlier this month announced his resignation, just four years after taking the top job. The 55-year-old started at BMW in 1991 as a trainee and has since held various management positions, most recently as head of production. Another candidate for the role was R&D chief Klaus Froehlich. Harald Krueger Zipse is thought to have impressed the board due to his performance during both the Brexit…

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