Milan Nedeljković
Chairman of the Board of Management (CEO)
2026 – Present
0 years (current)
Legacy
Took over from Oliver Zipse on 14 May 2026 after a career that began as a BMW trainee in 1993 and included senior roles at Plant Oxford, managing director of Plants Leipzig and Munich, senior vice president Corporate Quality and, from 2019, board member for Production. Within his first months he faced a June 2026 profit warning, agreed a voluntary-severance restructuring programme with the Works Council, and at the September 2026 Capital Market Day set a 3-5% automotive margin target for 2028 plus a 20% cut in divisions and management roles. His contract runs into 2031.