6/28/2024
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BMW of North America has announced a significant change in its executive management team. Starting August 1, 2024, Andreas Kindler will take over as Executive Vice President and Chief Financial Officer, following the departure of Raymond Wittmann, who will return to BMW Group headquarters in Munich to head the corporate strategy division.
In his new role, Kindler will be responsible for a wide array of financial operations, including finance & controlling, risk management, treasury, taxes, corporate strategy, compliance, and facility management. Reporting directly to Sebastian Mackensen, President & CEO of BMW of North America, Kindler will also join the Executive Board.
“Allow me to be the first to welcome Andreas back to the U.S.,” said Mackensen. “Not only does Andreas bring extensive experience in sales controlling and accounting, but he also has a strong understanding of the U.S. market and consumer mindset, gained from his previous assignment here. I have no doubt that Andreas’ combination of experience, expertise, and passion for our brand will help drive our business forward.”
Kindler's career with BMW Group spans nearly 25 years. He previously worked in the U.S. as a Planning and Reporting Manager at BMW of North America from 2006 to 2010. He also served as Chief Financial Officer for BMW's retail outlets in Germany. In 2020, Kindler assumed a dual role, leading the controlling function of BMW Group’s Chinese joint venture while heading the digitization department at group controlling. Most recently, he was the Finance and Compliance Director for BMW Group’s production plants in the United Kingdom, overseeing financial steering, cost compliance, and integration.
BMW Group in America
BMW of North America, LLC has been a prominent presence in the United States since 1975. The BMW Group's footprint in the U.S. includes marketing, sales, and financial service organizations for the BMW brand of motor vehicles, including motorcycles, the MINI brand, and Rolls-Royce Motor Cars. Additionally, it operates Designworks, a strategic design consultancy based in California, and a technology office in Silicon Valley. Various other operations are spread throughout the country.
BMW Manufacturing Co., LLC in South Carolina is the global center of competence for BMW X models, assembling the X3, X4, X5, X6, and X7 Sports Activity Vehicles as well as the BMW XM. The BMW Group sales organization in the U.S. is represented through networks of 349 BMW passenger car and BMW Sports Activity Vehicle centers, 145 BMW motorcycle retailers, 104 MINI passenger car dealers, and 38 Rolls-Royce Motor Car dealers. The BMW Group’s sales headquarters for North America, BMW (US) Holding Corp., is located in Woodcliff Lake, New Jersey.
For more information, journalists can visit BMW USA News http://www.bmwusanews.com, MINI USA News http://www.miniusanews.com, and BMW NA Press http://www.press.bmwna.com