Stefan Walmrath named as BMW of North America CFO

Article by Christian A., on August 13, 2014

BMW of North America has made several changes to its executive management team led by president and chief executive Ludwig Willisch. The changes take effect September 1. BMW of North America Chief Financial Officer Stefan Sengewald will be returning to BMW Group headquarters in Germany to serve as Senior Vice President responsible for organizational development and process management.

Sengewald has held vital financial positions since joining BMW in 1987 like Assistant Finance Director for BMW Spain and Director Finance and Administration for BMW Mexico. He was named as chief financial officer BMW of North America in 2009.

Sengewald will be replaced by Stefan Walmrath, who currently serves as Vice President of Strategic Planning in Munich in charge of the long-range business plan of the BMW Group.

Featuring over 20 years in the automotive business, Walmrath boasts of a deep and extensive knowledge of finance, strategy development and implementation. Stefan previously served as chief financial officer of BMW Group France and chief of Sales Controlling in Munich.

He was most recently active in the process of selecting a site for the new BMW Mexico plant in San Luis Potosi and in development of business strategies for the United States market.

Willisch welcomed Walmrath as BMW of North America’s new CFO, saying the position is a critical leader in sustaining the momentum and success of the BMW Group in the Americas. [source: BMW]

Topics: bmw, north america

If you liked the article, share on:

Comments

Recommended

Could this be a special version of Ferrari’s much acclaimed LaFerrari? No matter how we look at it, the patent images for this sports car from Ferrari indicate its striking...
by - February 23, 2017
How fast can a 2017 Chevrolet Camaro ZL1 actually go? Considering the amount of power lurking underneath its line-laden bonnet, the 2017 Camaro ZL1 is capable of achieving a top...
by - February 23, 2017
As it turned out, we’ll be seeing Toyota’s new super supermini at the 2017 Geneva Motor Show in March. It’s time we all get to meet the new Toyota Yaris...
by - February 23, 2017
Opel revealed it has sweetened the pot for 2017 Insignia Grand Sport customers with the Opel Exclusive program. Through this program, the brand hopes to introduce a wide selection of...
by - February 22, 2017
Fireball Performance Cars has been known to make the fastest sixth generation LT1 Camaros in the world. Once again it has managed to walk the talk as it hit a...
by - February 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries