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Markus Duesmann to become BMW AG Board of Management Member for Purchasing¶

Klaus Draeger will step down at retirement age¶

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Klaus Draeger will step down at retirement age

 

Munich. At its meeting today, the Supervisory Board of BMW AG appointed Markus Duesmann as the new Board of Management Member for Purchasing and Supplier Network. Effective 1 October 2016, Duesmann (47) will take over from Dr. Klaus Draeger (59), who will retire from the Board of Management upon reaching the legal retirement age.

 

Mechanical engineer Markus Duesmann joined the BMW Group in 2007 as head of Powertrain for the former BMW Sauber Formula One team. He went on to become head of Driving Dynamics and was most recently responsible for the topic of powertrains in its entirety in the company’s development division.

 

After earning a degree in mechanical engineering, Klaus Draeger began his career with the BMW Group back in 1985 as a trainee. He has been a member of the Board of Management since 2006, with responsibility for the Development division until 2012. Since then, he has headed the Purchasing and Supplier Network division.

 

“With Markus Duesmann, we are placing responsibility for the Purchasing division in the hands of a recognised specialist and leader. This puts us in an excellent position to continue the success of the BMW Group,” stated Dr. Norbert Reithofer, Chairman of the Supervisory Board of BMW AG. Reithofer continued: “I would like to thank Klaus Draeger for his successful service to the BMW Group over more than thirty years. As Board of Management Member for Development, his achievements include promoting Efficient Dynamics and digital connectivity across the product line-up. At the same time, he consistently implemented electrification under the BMW i umbrella.

 

His time as Board of Management Member for Purchasing has been characterised by close and collaborative partnership with suppliers on an equal footing. He paved the way for the division’s forward-looking purchasing policy, focusing equally on innovation, quality and flexibility, as well as cost considerations.”

 

 

If you have any questions, please contact:

 

Corporate Communications

 

Michael Rebstock, Business and Finance Communications, michael.rebstock@bmw.de

Telephone: +49 89 382-20470, Fax +49 89 382-24418

 

Nikolai Glies, Head of Business and Finance Communications, nikolai.glies@bmw.de

Telephone: +49 89 382-24544, Fax: +49 89 382-24418

 

Media website: www.press.bmwgroup.com

Email: presse@bmw.de

 

 

 

The BMW Group

 

With its three brands BMW, MINI and Rolls-Royce, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. As a global company, the BMW Group operates 31 production and assembly facilities in 14 countries and has a global sales network in more than 140 countries.

 

In 2015, the BMW Group sold approximately 2,247 million cars and nearly 137,000 motorcycles worldwide. The profit before tax for the financial year 2015 was approximately € 9.22 billion on revenues amounting to € 92.18 billion. As of 31 December 2015, the BMW Group had a workforce of 122,244 employees.

 

The success of the BMW Group has always been based on long-term thinking and responsible action. The company has therefore established ecological and social sustainability throughout the value chain, comprehensive product responsibility and a clear commitment to conserving resources as an integral part of its strategy.

 

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CO2 emission information.

The following applies to consumption figures for vehicles with new type approval, September 2017 onward: The figures for fuel consumption, CO2 emissions and energy consumption are obtained in accordance with the specified measuring procedure (EC Regulation No. 715/2007), as issued and amended. The figures are for a basic-version vehicle in Germany. The bandwidths allow for differences in the choice of wheel and tire sizes and items of optional equipment and can be changed by the configuration.

Obtained on the basis of the new "Worldwide harmonized Light vehicles Test Procedure" (WLTP), the figures are converted back to the "New European Driving Cycle" (NEDC) for the sake of comparability. Values other than those stated here may be used for the purposes of taxation and for other vehicle-related duties relating to CO2 emissions.

More information about official fuel consumption figures and the official specific CO2 emissions of new passenger cars can be obtained from the "guideline on fuel consumption, CO2 emissions and current consumption of new passenger cars", available here: https://www.dat.de/co2/.

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