(AGENPARL) – Wed 14 May 2025 Corporate Communications
Media Information
14 May 2025
Dr. Nicolas Peter elected Chairman of Supervisory Board
of BMW AG
Munich. At a meeting of the Supervisory Board held following the Annual General
Meeting of BMW AG, Dr. Nicolas Peter was elected its chairman. 86.21 percent of
shareholders had voted earlier, at the BMW AG Annual General Meeting, to appoint
Dr. Peter to the Supervisory Board for a four-year term.
Dr. Nicolas Peter served as the member of the Board of Management of BMW AG
responsible for the Finance division from January 2017 to May 2023. He has
extensive experience in the automotive industry, combined with many years in a wide
range of management positions at the BMW Group.
Dr. Peter has not held any position within BMW AG since 11 May 2023 and has
therefore completed the two-year cooling-off period required by the German
Corporate Governance Code.
The Annual General Meeting has also elected Dr. Marc Bitzer, Ms. Rachel Empey, Ms.
Anke Schäferkordt and Prof. Dr. Christoph Schmidt to the Supervisory Board for
another four-year term.
Company
Bayerische
Motoren Werke
Aktiengesellschaft
Postal address
BMW AG
80788 München
Telephone
+49 89-382-38801
Internet
http://www.bmwgroup.com
Corporate Communications
Subject
Media Information
14 May 2025
Dr. Nicolas Peter elected Chairman of Supervisory Board of BMW AG
BMW Group Corporate Communications
Sebastian Keßler, Communications BMW Group, Strategy
Dr. Dominic Stoiber, Communications BMW Group, Strategy
Max-Morten Borgmann, head of Communications BMW Group, Finance, Sales
Media website: http://www.press.bmwgroup.com/deutschland
The BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial services. The BMW
Group production network comprises over 30 production sites worldwide; the company has a global sales network in more than 140 countries.
In 2024, the BMW Group sold over 2.45 million passenger vehicles and more than 210,000 motorcycles worldwide. The profit before tax in the financial year 2024 was € 11.0 billion on revenues amounting to € 142.4 billion. As of 31 December 2024, the BMW Group had a workforce of 159,104 employees.
The economic success of the BMW Group has always been based on long-term thinking and responsible action. Sustainability is a key element of the BMW Group’s corporate strategy and covers all products from the
supply chain and production to the end of their useful life.
http://www.bmwgroup.com
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