BMW CEO won't extend contract beyond summer 2026, reports manager magazin
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FILE PHOTO: BMW CEO Oliver Zipse speaks at the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
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)
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