BMW Unveils Leaner Board
BMW AG says it is “future-proofing” itself with a leaner top management structure.
The new organization will combine the company’s BMW, Mini and Rolls-Royce brand sales under a single division, effective April 1. The unit will be headed by management board member Pieter Nota. He will continue his current responsibilities for aftermarket sales, and brand and product management.
Separately, BMW Motorrad motorcycle unit will joint the development division, which is headed by board member Klaus Frohlich.
Peter Schwarzenbauer intends to step down from the board in October. Until then, he will focus on electrification. He currently is responsible for Mini, Rolls-Royce and BMW Motorrad, plus customer engagement and digital business innovation.
It’s the fifth generation of a vehicle that has been increasing in sales year after year since its introduction in 1997.
Dan Nicholson is vice president of General Motors Global Propulsion Systems, the organization that had been “GM Powertrain” for 24 years.
Delegates to the United Auto Workers union’s annual convention in Detroit have overwhelmingly approved a 31% raise for their salaried international leaders.