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flag BMW names Milan Nedeljkovic, 56, as new CEO effective May 14, 2026, succeeding Oliver Zipse.

flag BMW has named Milan Nedeljkovic, a 56-year-old executive with a 30-year history at the company, as its new CEO, effective May 14, 2026. flag He succeeds Oliver Zipse, who will step down after leading BMW for over six years and will leave the board by mutual agreement in May 2026. flag Nedeljkovic, who joined in 1993 and has led production since 2019, will guide the automaker through ongoing industry shifts, including the transition to electric vehicles and challenges from global competition and tariffs. flag His appointment signals leadership continuity as BMW prepares to launch its Neue Klasse electric vehicle series in 2026.

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