Overview
- He will assume the role on May 14, 2026, the day after the annual meeting, as Oliver Zipse leaves the management board.
- Nedeljković, 56, has been with BMW since 1993, currently oversees global production, and previously led major plants in Oxford, Leipzig and Munich.
- His CEO contract runs through 2031, signaling the supervisory board’s long‑term commitment to an internal succession.
- He inherits a business contending with the EV transition, intensifying Chinese competition and the drag from US tariffs, after BMW cut its 2025 earnings outlook in October.
- BMW is banking on the all‑electric Neue Klasse models launching in 2026 to drive growth, while Zipse, CEO since 2019, is expected to join Airbus’s board after his exit.