Oliver Zipse

Oliver Zipse is the current CEO of BMW. He is newsworthy because he is expected to join the supervisory board of Airbus, the aerospace and defense company. This appointment is significant as Airbus faces crucial decisions regarding its defense division and the Future Combat Air System (FCAS) project, with internal pressure mounting. Zipse's role would be to oversee these developments. Separately, BMW, under Zipse's leadership, has recently experienced sales declines in China. However, the company anticipates a more stable market in the region, with signs of price stabilization and potential improvement in sales figures. The situation in China is relevant to Zipse's tenure at BMW, as it represents a key market for the automotive manufacturer.