Finance
BMW CEO won't extend contract beyond summer 2026, reports manager magazin
BMW CEO won't extend contract beyond summer 2026, reports manager magazin
Published by Global Banking and Finance Review
Posted on January 23, 2025

Published by Global Banking and Finance Review
Posted on January 23, 2025

BERLIN (Reuters) - BMW Chief Executive Oliver Zipse will not extend his contract beyond the summer of next year, when it expires, Germany's manager magazin reported on Thursday, citing a source familiar with the matter.
"There will be no further contract extension," the magazine quoted the source as saying.
(Writing by Madeline Chambers, Editing by Rachel More)