Reithofer: “Vision and entrepreneurship for the future success of the
BMW Group”
Munich. At year end, there will be a handover of
responsibilities in the Board of Management of BMW Group: At its
meeting today, the Supervisory Board of BMW AG appointed Joachim Post
(50) as a new member of the Board of Management. Effective 1 January
2022, Post, who has a PhD in mechanical engineering, will take over
the Purchasing and Supplier Network division from Andreas Wendt.
Joachim Post has been with the BMW Group since 2002 and is currently
head of the “Product Line Midsize Class BMW” unit. He was previously
the manager responsible for the BMW Group’s vehicle strategy and, as
the head of various BMW model lines, pushed ahead with electrification
of the vehicle fleet.
Andreas Wendt (63) has been a member of the Board of Management of
the BMW Group since October 2018. Since 2002, Wendt, who has a PhD in
mechanical engineering, has held central management positions at the
company, including as head of the engine plant in Steyr (Austria) and
the BMW Group’s Bavarian plants in Dingolfing and Regensburg.
“In Joachim Post, the Board of Management of the BMW Group is gaining
a proven manager with extensive product expertise. As head of vehicle
strategy, he played a key role in devising future model generations.
For the future success of the company, we are relying on executives
with the vision and entrepreneurial spirit to lead the BMW Group
through the transformation,” said Chairman of the Supervisory Board of
BMW AG Norbert Reithofer on Wednesday.
He added: “As the Board of Management member for Purchasing, Andreas
Wendt has made an important contribution to establishing
sustainability across the entire supply chain. He digitised
cooperation with suppliers and made it more efficient. Together with
his team, he also steered the BMW Group successfully through the
height of the chip shortage. The Supervisory Board would like to thank
Dr Wendt for his dedicated service. We wish him good health and all
the best.”
If you have any questions, please contact:
Corporate Communications
Eckhard Wannieck, Head of Communications Corporate, Finance, Sales
Telephone: +49 89 382-24544, Eckhard.Wannieck@bmwgroup.com
Bernd Eckstein, Head of Communications Purchasing, Supplier Network, Sustainability
Telephone: +49 89 382-59490, Bernd.Eckstein@bmw.de
Media website: www.press.bmwgroup.com
Email: 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 2020, the BMW Group sold over 2.3 million passenger vehicles and
more than 169,000 motorcycles worldwide. The profit before tax in the
financial year 2020 was € 5.222 billion on revenues amounting to
€ 98.990 billion. As of 31 December 2020, the BMW Group had a
workforce of 120,726 employees.
The success of the BMW Group has always been based on long-term
thinking and responsible action. The company set the course for the
future at an early stage and consistently makes sustainability and
efficient resource management central to its strategic direction, from
the supply chain through production to the end of the use phase of all products.
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