Munich. The BMW Group is bringing younger members
onto its management team: At its meeting today, the Supervisory Board
of BMW AG appointed Ilka Horstmeier (50) and Milan Nedeljkovic (50) as
new members of the Board of Management.
Effective 1 October 2019, Milan Nedeljkovic will assume
responsibility for the Production Division, taking over from Oliver
Zipse, who was appointed Chairman of the Board of Management of BMW AG
on 16 August 2019. Nedeljkovic has been with the BMW Group since 1993
and currently heads the Corporate Quality Division. He was previously
managing director of BMW Group Plant Munich and BMW Group Plant Leipzig.
Effective 1 November 2019, Ilka Horstmeier will succeed Milagros
Caiña-Andree as head of the Human Resources Division and labour
relations director. Horstmeier has worked for the BMW Group since 1995
and is currently managing director of BMW Group Plant Dingolfing.
Prior to that, she also served as head of the Engine, E-Powertrain
production division.
Ms Caiña-Andree gave notice to the Chairman of the Supervisory Board
of BMW AG last week that, for personal reasons, she will not seek a
further term of office as Member of the Board of Management. She will
leave the Board of Management by mutual agreement with the Supervisory
Board on 31 October 2019.
“More than almost any other company, the BMW Group has a large number
of outstanding managers who form the cornerstone of the company’s
success. I am delighted to see two experienced executives like Ilka
Horstmeier and Milan Nedeljkovic appointed to the Board of Management
of BMW AG,” said Chairman of the Supervisory Board of BMW AG Norbert
Reithofer on Wednesday. “As a former head of the Engine, E-Drive
Production Division, Ilka Horstmeier brings extensive expertise in one
of the key areas for the current transformation and, most recently,
was responsible for more than 18,000 associates as head of our largest
European plant in Dingolfing. Milan Nedeljkovic has further developed
the Corporate Quality Division, with a strong focus on digitalisation
and data analysis, and, prior to that, successfully managed the Munich
and Leipzig plants, with their high percentage of electrified
vehicles,” Reithofer continued.
Chairman of the Board of Management of BMW AG Oliver Zipse said: “I
look forward to working together with Ilka Horstmeier and Milan
Nedeljkovic in the Board of Management. We share the same
understanding of management culture, possess a mutual sense of what
responsibility means and have a clear focus on the future direction of
the company.”
Reithofer continued: “The Supervisory Board today expressed our
sincere gratitude to Milagros Caiña-Andree for her dedicated and
successful work. On behalf of the entire company, we all wish her all
the best in the future.”
If you have any questions, please contact:
Corporate Communications
Max-Morten Borgmann, Corporate Communications
Telephone: +49 89 382-24118, Max-Morten.Borgmann@bmwgroup.com
Mathias Schmidt, Head of Corporate and Culture Communications
Telephone: +49 89 382-24544, Mathias.M.Schmidt@bmwgroup.com
Internet: www.press.bmwgroup.com
E-mail: presse@bmwgroup.com
The BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW
Group is the world’s leading premium manufacturer of automobiles and
motorcycles and also provides premium financial and mobility services.
The BMW Group production network comprises 31 production and assembly
facilities in 15 countries; the company has a global sales network in
more than 140 countries.
In 2018, the BMW Group sold over 2,490,000 passenger vehicles and
more than 165,000 motorcycles worldwide. The profit before tax in the
financial year 2018 was € 9.815 billion on revenues amounting to
€ 97.480 billion. As of 31 December 2018, the BMW Group had a
workforce of 134,682 employees.
The success of the BMW Group has always been based on long-term
thinking and responsible action. The company has therefore established
ecological and social sustainability throughout the value chain,
comprehensive product responsibility and a clear commitment to
conserving resources as an integral part of its strategy.
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