BMW 's supervisory board has appointed Milan Nedeljkovi, the German carmaker's current head of production, as chief executive, succeeding Oliver Zipse, the company announced on December 9, 2025. Zipse, who previously held the production role before becoming chief executive in 2019, will step down on May 13, the day of BMW's annual general meeting. He will turn 62 in February, exceeding BMW's informal age limit of 60 for board members.
During his tenure, Zipse oversaw the launch of the New Class, the cornerstone of the company's electric vehicle strategy. Nedeljkovi who will be 57 when he assumes office, has been board member for production since 2019 and oversaw the start of New Class production.
