BMW CEO won't extend contract beyond summer 2026, reports manager magazin
By REUTERS | 24 January 2025
BERLIN: BMW chief executive Oliver Zipse will not extend his contract beyond the summer of next year, when it expires, Germany's manager magazin reported on Thursday, citing a source familiar with the matter.
"There will be no further contract extension," the magazine quoted the source as saying.
The company said that in September 2023, Zipse's contract had been extended until 2026 and declined to comment further.
Zipse, 59, was appointed CEO in July 2019.
Tags
Porsche Macan EV: Re-energised exhilaration
All-electric Leapmotor C10 SUV ticks all the right boxes
New Kia Sportage: Versatile and stylish
6.6
Triumph Scrambler 1200 X: A good balancing act
8.3
Mercedes-AMG GLA 45 S 4Matic+: Poking the pocket rocket
8.0
Moda Sporter-S 250: A new player in town
Porsche Taycan E-xperience drive: Kuala Lumpur - Kuantan
Mercedes-Benz E 350 e PHEV: Refined elegance, timeless prest...
StarCarSifu Editors' Choice Awards 2024: Top winners
The Snowball – Lamborghini’s Heartwarming Christmas Story of...
EVOGO battery swapping solution showcased at IAA Mobility 20...
