Thomas Wittig to become Head of BMW Group Financial Services

 

Munich. Dr. Thomas Wittig (57) will assume
responsibility for BMW Group Financial Services in July this year. He
will take over from Erich Ebner von Eschenbach (54), who has held this
position since 2011. 

Wittig, who holds a doctorate in economics and a diploma in business
administration, joined the BMW Group in November 1989 and was most
recently Senior Vice President Group Reporting. Prior to that, he
worked in various leading positions, amongst others as Executive Vice
President, Finance, of BMW of North America; as Vice President BMW
Group Sales Planning, Process and IT Planning and as Vice President
BMW Group Financial Planning and Controlling. 

Current Head of BMW Group Financial Services, Erich Ebner von
Eschenbach, will assume responsibility for BMW Group Aftersales. 

BMW Group Financial Services operates subsidiaries and runs
partnerships with local financial services providers and importers in
every continent in 58 markets around the world. With almost 8.400
associates it is one of the leading financial services companies in
the automotive sector. The contract portfolio under management at

31 December 2016 comprised 5,114,906 contracts. In 2016, the segment
Financial Services achieved a pre-tax profit of approximately € 2.2
billion. Almost every second new BMW or MINI purchased is financed or
leased by BMW Group Financial Services.

 

If you have any queries, please contact:

 

Corporate Communications

 

Micaela Sandstede, Business and Finance Communications, micaela.sandstede@bmw.de

Telephone: +49 89 382-61611

Glenn Schmidt, Head of Business and Finance Communications,
glenn.schmidt@bmwgroup.com

Telephone: +49 89 382-24544

 

Media website:
www.press.bmwgroup.com

Email:
presse@bmw.de

 

 

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.
As a global company, the BMW Group operates 31 production and assembly
facilities in 14 countries and has a global sales network in more than
140 countries.

 

In 2016, the BMW Group sold approximately 2.367 million cars and
145,000 motorcycles worldwide. The profit before tax was approximately
€ 9.67 billion on revenues amounting to € 94.16 billion. As of 31
December 2016, the BMW Group had a workforce of 124,729 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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