PressClub South Africa · Article.
Franciscus van Meel assumes management of BMW M GmbH
Tue Sep 23 10:30:00 CEST 2014 Press Release
Franciscus van Meel (48) will take over as Chairman of the Board of Management of BMW M GmbH from 1 January 2015. He is the successor to Dr. Friedrich Nitschke (59) who will be retiring at the end of the year.
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Edward Makwana
BMW Group
Francisus van Meel, who will already be joining the BMW Group on 1 October, was last active as Managing Directory of quattro GmbH, a subsidiary of Audi AG. Since 1996 he has held various management positions in chassis development and the technical steering of vehicle projects at Audi AG before becoming Managing Director of quattro GmbH in 2012.
Dr. Friedrich Nitschke worked for the BMW Group for a total of 36 years. Since joining the company in 1978 he has held management positions in various company areas before taking over as director of development strategy, steering and testing. From 2007 to 2011 he headed vehicle development of the MINI brand. In 2011 he became Chairman of the Board of Management of BMW M GmbH. Under his leadership the category BMW M Performance Automobiles was created as well as the new generation of the BMW M3 and BMW M4 models developed.
Dr. Herbert Diess, Member of the Board of Management for Development: "The position of M GmbH on the market has never been better in the company's history and it continues to achieve sales record after sales record. Friedrich Nitschke has done outstanding work over the past years and has made a crucial contribution to the success of the company. The entire Board of Management of BMW AG would like to express its gratitude to him."
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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 29 production and assembly facilities in 14 countries and has a global sales network in more than 140 countries.
In 2013, the BMW Group sold approximately 1.963 million cars and 115,215 motorcycles worldwide. The profit before tax for the financial year 2013 was € 7.91 billion on revenues amounting to approximately € 76.06 billion. As of 31 December 2013, the BMW Group had a workforce of 110,351 employees.
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