BMW Taps Veteran as CEO to Lead Carmaker Through EV Shift

BMW AG named production head Milan Nedeljkovic as its next chief executive officer, tapping an insider who’s playing a key role in the luxury-carmaker’s rollout of a crucial new electric-vehicle line.

Nedeljkovic, 56, will succeed current CEO Oliver Zipse, 61, in May, the company said Tuesday. The next chief has overseen BMW’s manufacturing during the challenging shift to EVs that’s involved retooling factories to build multiple drivetrains on the same line.