Oliver Cispa will take the position of Chairman of the Board of Directors of the German automaker BMW since August 16.

German carmaker BMW announced the appointment of a new Chairman of the Board of Directors of the company. The post is Oliver Cispa. He will begin duties on August 16.

Cispa was on the Board of Directors of the company in 2015 and is currently responsible for the production unit.

He joined the company in 1991, has held a number of senior positions.

In early July, the previous head of BMW Harald Krueger announced its intention not to renew his contract.

According to media reports, the dismissal of the Kruger due to the fact that in 2016, BMW has lost the status as the best producer of premium cars, giving it to Mercedes-Bens. Also the top Manager is accused of being too slow transfer of the model range of electricity.

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