Leadership & Governance
BMW Group profile.
Board of Management of BMW AG.
Oliver Zipse
Chairman of the Board of Management
Oliver Zipse
Year/Place of birth: 1964, Heidelberg (Germany)
Nationality: German
- Since 16 August 2019: Chairman of the Board of Management of BMW AG
- 2015 – 2019: Member of the Board of Management of BMW AG, Production
- 2012 – 2015: Senior Vice President Corporate Planning and Product Strategy
- 2009 – 2012: Senior Vice President Technical Planning
- 2007 – 2008: Managing Director Plant Oxford, UK
- 1994 – 2006: Various Leading Functions in Development, Production and Production Planning in Munich and Rosslyn (South Africa)
- 1992 – 1994: Project Engineer for Technology Innovation
- 1991: Joined BMW AG as Trainee in Development and Production
- 1997 – 1999: WHU Koblenz and Kellogg School of Management, Evanston/USA: Executive MBA
- 1985 – 1991: Technical University Darmstadt: Graduation in Mechanical Engineering (Dipl.-Ing.)
- 1983 – 1985: University of Utah, Salt Lake City/USA: Studies in Computer Science and Mathematics
Ilka Horstmeier
People and Real Estate, Labour Relations Director
Ilka Horstmeier
Year/Place of birth: 1969, Duisburg (Germany)
Nationality: German
- Since 1 November 2019: Member of the Board of Management of BMW AG, People and Real Estate, Labour Relations Director
- 2018 – 2019: Managing Director BMW Group Plant Dingolfing
- 2013 – 2018: Senior Vice President Production and Planning Engines and E-Powertrain
- 2012 – 2013: Head of company-wide initiative “Future employment structures”
- 2010 – 2011: Head of Engine Production Munich
- 2005 – 2009: Various management positions in production and logistics at Plants Dingolfing and Regensburg
- 2001 – 2004: Head of Strategy Development, Production Concepts, BMW Group Research and Innovation Centre
- 1997 – 2000: Head of Project Office Work Structures and Steering Bodyshop, Plant Munich
- 1995 – 1997: Section manager, Human Resources and Organisational Development, Plant Munich
- 1995: Joined BMW AG as a trainee
- 1988 – 1994: Studied at Saarland University in Saarbrücken; degree in Business Administration
Dr. Milan Nedeljković
Production
Dr.-Ing. Milan Nedeljković
Year/Place of birth: 1969, Krusevac (Serbia)
Nationality: Serbian
- Since 1 October 2019: Member of the Board of Management of BMW AG, Production
- 2018 – 2019: Senior Vice President Corporate Quality
- 2015 – 2018: Managing Director BMW Group Plant Munich
- 2013 – 2015: Managing Director BMW Group Plant Leipzig
- 2010 – 2013: Head of Assembly, BMW Group Plant Leipzig
- 2006 – 2010: Head of Paint Shop, MINI Plant Oxford
- 1999 – 2006: Various management positions at Plants Munich and Regensburg
- 1994 – 1999: Planning functions for bodyshop and press plant technologies
- 1993: Joined BMW AG as a trainee
- 2000 – 2004: Doctor of Engineering (Dr.-Ing.) at Chair of Metal Forming and Casting, Technical University of Munich
- 1988 – 1993: Studied Mechanical Engineering at RWTH Aachen University and Massachusetts Institute of Technology (Cambridge, USA)
Pieter Nota
Customer, Brands, Sales
Pieter Nota
Year/Place of birth: 1964, Wageningen (Netherlands)
Nationality: Dutch
- Since 1 April 2019: Member of the Board of Management of BMW AG, Customer, Brands, Sales
- 2018 – 2019: Member of the Board of Management of BMW AG, Sales and Brand BMW, Aftersales BMW Group
- 2016 – 2017: Executive Vice President, Personal Health and Chief Marketing Officer, Royal Philips, Netherlands
- 2011 – 2016: Executive Vice President and Chief Executive Officer, Personal Health, Royal Philips, Netherlands
- 2010 – 2011: Executive Vice President and Chief Executive Officer, Consumer Lifestyle, Royal Philips, Netherlands
- 2005 – 2010: Chief Marketing and Innovation Officer, Beiersdorf AG, Germany
- 2002 – 2005: Marketing Director and Member of the Executive Board, Unilever Foods, Germany
- 1998 – 2002: Marketing Director and Member of the Executive Board, Unilever Poland
- 1996 – 1998: Marketing Manager Innovations, Unilever Europe, UK
- 1990 – 1996: Brand- and Product Management, Unilever Netherlands
- 1989: Master’s Degree in Business Administration, Erasmus University Rotterdam, Netherlands
Dr. Nicolas Peter
Finance
Dr. jur. Nicolas Peter
Year/Place of birth: 1962, Mannheim (Germany)
Nationality: German, French
- Since 1 January 2017: Member of the Board of Management of BMW AG, Finance
- 2011 – 2016: Head of Region Europe
- 2007 – 2011: Head of Group Controlling
- 2005 – 2007: Head of Sales Steering, Process Development and IT
- 2002 – 2004: Head of BMW Sweden
- 1999 – 2002: Managing Director Finance and Administration, BMW France
- 1996 – 1999: Group Leader, Corporate Finance
- 1993 – 1996: Treasurer, BMW Coordination Center, Belgium
- 1991 – 1993: Various executive and project management functions in the finance area
- 1991: Joined BMW AG
- 1988 – 1991: Degree: 2nd state examination
- 1989: PhD in the field of law (Dr. jur.) at the Ludwig-Maximilians-Universität Munich
- 1984 – 1988: Studied law at the Ludwig-Maximilians-Universität Munich, Degree: 1st state examination
Dr. Joachim Post
Purchasing and Supplier Network
Dr.-Ing. Joachim Post
Year/Place of birth: 1971, Singen/Hohentwiel (Germany)
Nationality: German
- Since 1 January 2022: Member of the Board of Management of BMW AG, Purchasing and Supplier Network
- 2020 – 2021: Head of Product Line Midsize Class BMW
- 2018 – 2020: Head of Vehicle Strategy
- 2002 – 2018: Various management functions at BMW AG, et al. Manager in collaborative project with Toyota Motor Corp. Japan and Manager of various vehicle projects launched within global production network, et al. in the Joint Venture BMW Brilliance Automotive China
- 2002: Joined BMW AG, Function Development Engine Application Motorcycles
- 1997 – 2002: Research Associate at Technical University Munich, Chair of Applied Mechanics, Doctorate in Mechanical Engineering
- 1991 – 1997: Karlsruhe University of Applied Sciences, Degree in Mechanical Engineering (Dipl.-Ing.)
Frank Weber
Development
Frank Weber
Year/Place of birth: 1966, Wiesbaden (Germany)
Nationality: German
- Since 1 July 2020: Member of the Board of Management of BMW AG, Development
- 2018 – 2020: Head of Product Line Rolls-Royce and Luxury Class BMW
- 2015 – 2018: Head of Product Line Grand Series
- 2011 – 2014: Head of Development Total Vehicle
- 2011: Joined BMW AG
- 2010 – 2011: Adam Opel AG, Vice President Business & Product Planning
- 2007 – 2010: General Motors (Michigan, USA), Vehicle Line Executive Chevrolet Volt and Opel Ampera / Voltec Propulsion Architecture
- 2004 – 2007: Director Advanced Concept Engineering, Adam Opel AG / GM Europe
- 2001 – 2004: Director Program Management, Adam Opel AG / GM Europe
- 1995 – 2001: Various management positions in Development and Product Lines, Adam Opel AG / GM Europe
- 1991 – 1995: Adam Opel AG, Project Engineer Total Vehicle
- 1990: Assistant to the Prof. Automotive Technology, TU Darmstadt
- 1985 – 1990: Studied Mechanical Engineering at Technische Universität Darmstadt, Master Degree in Mechanical Engineering (Diplom-Ingenieur)
Supervisory Board of BMW AG.
Dr. Norbert Reithofer
Chairman of the Supervisory Board, former Chairman of the Board of Management
Dr.-Ing. Dr.-Ing. E.h. Norbert Reithofer
Mandate: Chairman and Member of the Supervisory Board since 2015, elected until 2025
Year of birth: 1956
Nationality: German
- Since 13 May 2015: Chairman of the Supervisory Board of BMW AG
- 2006 – 2015: Chairman of the Board of Management of BMW AG
- 2000 – 2006: Member of the Board of Management of BMW AG, Production
- 1997 – 2000: President BMW Manufacturing Corporation, USA (South Carolina)
- 1994 – 1997: Technical Director BMW South Africa
- 1991 – 1994: Director of the Body-in-White Production Division
- 1989 – 1991: Director of Control Technologies and Process Data Management
- 1987: Joined BMW AG – Head of Maintenance Planning
- Studies of Mechanical Engineering at Fachhochschule München, Graduation as Diplom-Ingenieur (FH); Studies of Production Technology and Operating Science at Technische Universität München, Graduation as Diplom-Ingenieur; Ph.D. (Dr.-Ing.) at Technische Universität München
Manfred Schoch
Deputy Chairman of the Supervisory Board
Manfred Schoch
Mandate: Employee representative, Deputy Chairman and Member of the Supervisory Board since 1988, elected until 2024
Year of birth: 1955
Nationality: German
- Since 1994: Alternate President of the Board of Directors of the BMW health insurance fund (BKK)
- 1996 – 2022: Chairman of the European Works Council
- 1987 – 2022: Chairman of the General Works Council of BMW AG
- 1987 – 2022: Chairman of the Works Council, Munich
- 1980: Joined BMW AG
- Industrial engineering degree (Diplom-Wirtschaftsingenieur) from Karlsruhe Technical University (TH)
Stefan Quandt
Deputy Chairman of the Supervisory Board, Entrepreneur
Stefan Quandt
Mandate: Deputy Chairman since 1999, Member of the Supervisory Board since 1997, elected until 2024
Year of birth: 1966
Nationality: German
- Since 1996: Independent entrepreneur
- 1994 – 1996: Datacard, Marketing Manager Asia Pacific
- Industrial engineering degree (Diplom Wirtschaftsingenieur), Technical University Karlsruhe (TH)
Stefan Schmid
Deputy Chairman of the Supervisory Board, Chairman of the Works Council Dingolfing
Stefan Schmid
Mandate: Employee representative, Deputy Chairman since 2008, Member of the Supervisory Board since 2007, elected until 2024
Year of birth: 1965
Nationality: German
- Since 2004: Deputy Chairman of the General Works Council
- Since 1995: Member, since 2004 Chairman of the Works Council, Dingolfing
- 1985: Joined BMW AG
- Apprenticeship in power plant electronics; metalworking foreman
Dr. Kurt Bock
Deputy Chairman of the Supervisory Board, Chairman of the Supervisory Board of BASF SE
Dr. Kurt Bock
Mandate: Deputy Chairman since 2021, Member of the Supervisory Board since 2018, elected until 2023
Year of birth: 1958
Nationality: German
- Since 2020: Chairman of the Supervisory Board of BASF SE
- 2011 – 2018: Chairman of the Board of Executive Directors, BASF SE
- 2003 – 2011: Member of the Board of Executive Directors and CFO of BASF AG (BASF SE since 2008), since 2007 also Chairman and CEO of BASF Corporation, USA
- 2000 – 2002: President of Logistics and Information Services, BASF AG
- 1998 – 2000: CFO of BASF Corporation, USA
- 1996 – 1998: Managing Director, Robert Bosch Ltda., Brazil
- 1992 – 1996: Senior Vice President Finance and Accounting, Robert Bosch GmbH
- 1991 – 1992: Head of Technology, Director Planning and Controlling for Engineering Plastics, BASF AG
- 1985 – 1991: Various functions in the finance division of BASF AG
- Studied Business Administration at Münster and Cologne universities and at Pennsylvania State University, USA
Christiane Benner
Second Chairwoman of IG Metall
Christiane Benner
Mandate: Employee representative, Member of the Supervisory Board since 2014, elected until 2024
Year of birth: 1968
Nationality: German
- Since 2015: Second Chairwoman of IG Metall, responsible for business policies, organizational development, target group work and equality, digitalization
- Since 1997: Active in various branches and functions at IG Metall
- 2011 – 2015: Executive Board member of IG Metall, specialised in IT, R&D, digitisation of work
- 2008 – 2011: Divisional manager with the Executive Board of IG Metall (IT, engineering, target group work)
- 1993 – 1999: Studied sociology at the Philipp University of Marburg and the Goethe University in Frankfurt am Main
- 1995 – 1996: Bachelor’s degree and Working experience in Chicago, USA
- 1987 – 1993: Trained as a multilingual secretary at mechanical engineering company Carl Schenk AG; employed in Sales from 1989
Dr. Marc Bitzer
Chairman and Chief Executive Officer of Whirlpool Corporation
Dr. Marc Bitzer
Mandate: Member of the Supervisory Board since 2021, appointed until 2025
Year of birth: 1965
Nationality: German
- Since 2017: Chairman, Chief Executive Officer and President of Whirlpool Corporation, USA
- Since 1999: Various management positions with the Bauknecht Brand Group and Whirlpool Corporation in Italy and North America respectively
- Since 1990: Co-Founder Simex Trading AG, Switzerland
- 2015 – 2017: President, Chief Operating Officer and Director on the Board of Whirlpool Corporation, USA
- 1991 – 1999: The Boston Consulting Group with periods spent in Munich and Toronto (Canada), most recently as Vice President, Recruiting Director and member of the German Consumer Goods Practice Group
- 1984 – 1991: Degree and doctorate in economics, University of St. Gallen, Switzerland
Bernhard Ebner
Chairman of the Works Council Landshut
Bernhard Ebner
Mandate: Employee representative, Member of the Supervisory Board since 2021, appointed until 2024
Year of birth: 1978
Nationality: German
- Since 2021: Chairman of the Works Council at the BMW Group plant in Landshut
- Since 2018: Deputy Chairman of the Works Council at the BMW Group plant in Landshut and member of the General Works Council of BMW AG
- Since 2010: Member of the BMW EURO Works Council
- Since 2006: Member of the Works Council at the BMW Group plant in Landshut, independent works council
- 2004 – 2006: Assistant to the Works Council at the BMW Group plant in Landshut with extra occupational training as an industrial business administrator (IHK)
- 1997 – 2004: Skilled worker in the field of exchange engine production with project-related leave due to function as Chairman of the General Youth and Trainee Representation of BMW AG
- 1993 – 1997: Training as a cutting machine operator at the BMW Group plant in Landshut
Rachel Empey
Supervisory Board Member
Rachel Empey
Mandate: Member of the Supervisory Board since 2021, elected until 2025
Year of birth: 1976
Nationality: British, German
- 2017 – 2022: Member of the Management Board of Fresenius Management SE (Fresenius Management SE is the General Partner of Fresenius SE & Co KGaA)
- 2016 – 2021: Non-Executive Director of Inchcape plc (UK)
- 2011 – 2017: Member of the Management Board of Telefónica Deutschland Holding AG (Finance, Strategy and Innovation); Joint Leader of the Board, General Manager of Operating Business (2014)
- 2003 – 2011: Various positions in the Telefónica Group in the UK and Germany
- 2002 – 2003: Commercial Director, Weir Group plc (UK)
- 2000 – 2002: Business Analyst, Lucent Technologies (UK)
- 2000: Institute of Chartered Accountants in England and Wales (ICAEW) Chartered Accountant
- 1997 – 2000: Audit Executive Ernst & Young, Bristol (UK)
- 1994 – 1997: Degree in Mathematics, University of Oxford (UK)
Dr. Heinrich Hiesinger
Chairman of the Supervisory Board of ZF Friedrichshafen AG
Dr.-Ing. Heinrich Hiesinger
Mandate: Member of the Supervisory Board since 2017, elected until 2022
Year of birth: 1960
Nationality: German
- Since 2021: Member of the Supervisory Board of ZF Friedrichshafen AG (Chairman since 1 January 2022)
- Since 2020: Member of the Supervisory Board of Fresenius Management SE
- Since 2019: Member of the Supervisory Board of Deutsche Post AG
- 2011 – 2018: Chairman of the Board of Management, thyssenkrupp AG
- 2010 – 2011: Vice Chairman of the Board of Management, thyssenkrupp AG
- 2007 – 2010: Member of the Board of Management, Siemens AG
- 1992 – 2007: Various management positions within Siemens Group
- Electrical engineering degree (Diplom-Ingenieur), Technical University of Munich
Johann Horn
District Manager of IG Metall Bavaria
Johann Horn
Mandate: Employee representative, Member of the Supervisory Board since 2021, appointed until 2024
Year of birth: 1958
Nationality: German
- Since 2018: District Manager of IG Metall Bavaria
- 2007 – 2018: Honorary Board member of IG Metall
- 2000 – 2018: First Representative of IG Metall Ingolstadt
- 2006 – 2016: First Representative of IG Metall Schwabach
- 1999 – 2000: Second Representative of IG Metall Ingolstadt
- 1997 – 1999: Staff and organisational developer at the Association for the Promotion of Professional Development (FFW) in Nuremberg
- 1987 – 1997: Trade Union Secretary of IG Metall Nuremberg
- 1977 – 1987: Toolmaker/laboratory mechanic at AEG Nuremberg
Dr. h.c. Susanne Klatten
Entrepreneur
Dr. h.c. Susanne Klatten
Mandate: Member of the Supervisory Board since 1997, elected until 2024
Year of birth: 1962
Nationality: German
- Since 1991: Independent entrepreneur
- 1988: MBA, International Institute for Management Development (IMD)
- 1985: BSc Business Studies, University of Buckingham (UoB)
Jens Köhler
Chairman of the Works Council Leipzig
Jens Köhler
Mandate: Employee representative, Member of the Supervisory Board since 2021, appointed until 2024
Year of birth: 1964
Nationality: German
- Since 2002: Chairman of the Works Council Leipzig
- Since 1993: Member, from 1996 Chairman of the Works Council of the BMW branch in Chemnitz and thus permanent member of the General Works Council of BMW AG
- 2002: Relocation to the Leipzig plant
- 1996 – 2001: Qualification and master mechanic
- 1991: Joined BMW AG (Chemnitz branch)
- Skilled worker training as motor mechanic/locksmith
Gerhard Kurz
Head of Purchasing, Quality Management Powertrain at BMW AG
Gerhard Kurz
Mandate: Senior executive representative, Member of the Supervisory Board since 2022, appointed until 2024
Year of birth: 1963
Nationality: German
- Since 2022: Head of Purchasing, Quality Management Powertrain
- 2018 – 2022: Head of Development Powertrain
- 2015 – 2018: Head of Development Total Vehicle
- 2014: Head of Purchasing Driving Dynamics
- 2008 – 2014: Various functions as head of department (control systems/driving assistance, Efficient Dynamics, development transmission, integration powertrain)
- 1987 – 2008: BMW AG Development department chassis
- 1987: Joined BMW AG
- Diplom-Ingenieur Mechanical Engineering (FH), Studies at Augsburg University of Applied Sciences
André Mandl
Chairman of the Works Council Regensburg/Wackersdorf
André Mandl
Mandate: Employee representative, Member of the Supervisory Board since 2022, appointed until 2024
Year of birth: 1984
Nationality: German
- Since 2021: Chairman of the Works Council at the BMW Group plant in Regensburg/Wackersdorf
- 2018 – 2021: Independent Works Council of the BMW Group Werk Regensburg/Wackersdorf for the body construction division
- 2010 – 2018: Works Council of the BMW Group Werk Regensburg/Wackersdorf
- 2004 – 2011: Production worker at the BMW Group Werk Regensburg/Wackersdorf and further training as a mechanical engineer and technical economist IHK
- 2001 – 2004: Training as an industrial mechanic of the BMW Group Werk Regensburg/Wackersdorf
Dr. Dominique Mohabeer
Member of the Works Council Munich
Dr. rer. pol. Dominique Mohabeer
Mandate: Employee representative, Member of the Supervisory Board since 2012, elected until 2024
Year of birth: 1963
Nationality: German
- Since 2002: Member of the Works Council, Munich
- 2000: Joined BMW AG
- 1995 – 1999: University of Kassel, research assistant at Institute for Applied Work Science
- 1988 – 1995: Studied business administration at University of Munich (Diplom-Kauffrau)
- 1985 – 1988: Studied Sinology at University of Munich; attended interpreting school
Anke Schäferkordt
Supervisory Board Member
Anke Schäferkordt
Mandate: Member of the Supervisory Board since 2020, elected until 2025
Year of birth: 1962
Nationality: German
- Since 2019: Non-executive director of Wayfair Inc, Boston, Massachusetts, USA and member of the Supervisory Board of Serviceplan Group Management SE
- 2012 – 2018: Member of the Board of Directors of Bertelsmann SE & Co. KGaA
- Since 2010: Member of the Supervisory Board of BASF SE
- 2005 – 2018: Managing Director of RTL Television und Mediengruppe RTL Deutschland GmbH
- 2012 – 2017: Co-CEO of RTL Group S.A., Luxembourg
- 1995 – 2005: CFO (until 1998), since 1999 Managing Director of VOX Film- und Fernseh GmbH & Co. KG
- 1991 – 1995: Various functions at RTL Television
- 1988 – 1991: Various positions at Bertelsmann AG
- Diploma in Business Management, studied at the University of Paderborn
Prof. Dr. Christoph M. Schmidt
President of RWI – Leibniz Institute for Economic Research e.V.; University Professor
Prof. Dr. Dr. h.c. Christoph M. Schmidt
Mandate: Member of the Supervisory Board since 2021, elected until 2025
Year of birth: 1962
Nationality: German, Australian
- Since 2021: Member of the Advisory Board of Energy and Climate Policy and Innovation Council e.V. (EPICO)
- Since 2020: Vice president science and member of the executive board of the German Academy of Science and Engineering (acatech)
- Since 2019: Member of the Franco-German Council of Economic Experts (co-chair since 2020)
- Since 2002: President of RWI – Leibniz Institute for Economic Research e.V., Essen and Professor for economic policy and applied econometrics, Ruhr University Bochum
- 2009 – 2020: Member of the German Council of Economic Experts (from 2013-2020 chair)
- 1999 – 2002: Program Director „Evaluation of Labor Market Policies and Projects”, Institute of Labor Economics (IZA), Bonn
- 1995 – 2002: Professor for econometrics, Alfred Weber-Institute (AWI), University of Heidelberg (since 1996 ordinarius & co-chair of AWI)
- 1991 – 1995: Research associate / habilitation scholarship of the German Research Foundation (DFG), Seminar for Labor and Population Economics (SELAPO), Ludwig-Maximilians-University of Munich
- 1987 – 1995: Diploma in economics (University of Mannheim), master und PhD in Economics (Princeton University) and habilitation (University of Munich)
Dr. Vishal Sikka
Founder and CEO of Vianai Systems, Inc.
Dr. Vishal Sikka
Mandate: Member of the Supervisory Board since 2019, elected until 2024
Year of birth: 1967
Nationality: U.S. American
- Since 2019: Member of Advisory Council of Standford Human-Centered Artificial Intelligence
- Since 2019: Board of Directors, Oracle
- Since 2018: Founder and CEO of Vianai Systems, Inc., USA
- 2014 – 2017: CEO and Managing Director of Infosys Limited, India
- 2010 – 2014: Member of the Executive Board of SAP AG (since May 2014: SAP SE), Head of all Products and Technology
- 2002 – 2010: Various positions at SAP AG
- 1996 – 2002: Stations at Xerox, iBrain und Bodha, Inc.
- 1990 – 1996: Doctoral studies (Ph.D.) at Stanford University in Artificial Intelligence, USA
- 1990: B.Sc. in Computer Science from Syracuse University, New York, USA
Sibylle Wankel
First Representative and Managing Director of IG Metall Munich
Sibylle Wankel
Mandate: Employee representative, Member of the Supervisory Board since 2022, appointed until 2024
Year of birth: 1964
Nationality: German
- Since 2021: First Proxy Agent and Managing Director of IG Metall Munich
- 2016 – 2020: General Counsel of the Board of Directors of IG Metall, Frankfurt
- 1997 – 2016: Regional Lawyer at IG Metall, Bavarian department
- 1994 – 1997: Scientific Assistant at the Institute for German and European Technological and Environmental Law at Ruprecht-Karls-Universität Heidelberg
- 1993 – 1994: Lawyer in Hamburg with focus on labour and social law
- Lawyers degree (Große Juristische Staatsprüfung), studied at Freie Universität Berlin and Albert-Ludwigs-Universität in Freiburg/Breisgau
Corporate Governance.
Corporate Governance at the BMW Group.
For the BMW Group, corporate governance is an all-embracing topic which involves all areas of the company. Transparent reporting and a corporate governance policy aimed at the interests of stakeholders are well-established traditions within the BMW Group. Cooperation between the Board of Management and the Supervisory Board, in an atmosphere of commonly shared trust and responsibility has long been the basis for managing the BMW Group. The underlying corporate culture at BMW is based on the principles of transparency, placing trust in others and taking responsibility for one's own actions.
The BMW Group believes that the recommendations and suggestions contained in the German Corporate Governance Code help make the German financial market more attractive, in particular for international investors.
BMW Group - Company
Key aspects of BMW Group Corporate Governance.
BMW Group - Company
Declaration of Compliance with the German Corporate Governance Code.
In accordance with Sec. 161 German Stock Corporation Act, the Board of Management and Supervisory Board of BMW AG issue, once a year, a Declaration of Compliance relating to the recommendations of the "Government Commission on the German Corporate Governance Code", as published in the Federal Gazette and applicable at the time of the Declaration. The Declaration is available to download here.
- Declaration of Compliance December 2020 (PDF, 45.1 KB)
- Declaration of Compliance December 2019 (PDF, 48.4 KB)
- Declaration of Compliance December 2018 (PDF, 43.9 KB)
- Declaration of Compliance December 2017 (PDF, 54.5 KB)
- Declaration of Compliance December 2016 (PDF, 13.4 KB)
- Declaration of Compliance December 2015 (PDF, 42.4 KB)
- Declaration of Compliance December 2014 (PDF, 54.8 KB)
- Declaration of Compliance December 2013 (PDF, 39.0 KB)
- Declaration of Compliance December 2012 (PDF, 74.7 KB)
BMW Group - Company
Statement on Corporate Governance.
In this statement, the Board of Management and the Supervisory Board report on the corporate governance of the Company in accordance with sections 289f and 315d of the German Commercial Code (HGB) and taking into account the reporting requirements of the German Corporate Governance Code.
- Statement on Corporate Governance 2020 (PDF, 1.0 MB)
- Statement on Corporate Governance 2019 (PDF, 4.2 MB)
- Statement on Corporate Governance 2018 (PDF, 221.1 KB)
- Statement on Corporate Governance 2017 (PDF, 214.9 KB)
- Statement on Corporate Governance 2016 (PDF, 207.1 KB)
- Statement on Corporate Governance 2015 (PDF, 191.6 KB)
- Statement on Corporate Governance 2014 (PDF, 183.6 KB)
BMW Group - Company
Articles of Incorporation and Rules of Procedure of BMW AG.
BMW Group - Company
Remuneration of the Board of Management and the Supervisory Board.
- Remuneration Report for the Board of Management and the Supervisory Board 2021 (PDF, 411.8 KB)
- Remuneration systems for the Board of Management and the Supervisory Board (excerpt from the convening document for the AGM 2021) (PDF, 1.9 MB)
- Overview on the remuneration system for the Board of Management (PDF, 236.4 KB)
- Voting results on the remuneration systems for the Board of Management and the Supervisory Board (AGM 2021) (PDF, 166.5 KB)
BMW Group - Company
