Effective August 1, Stefan Sengewald will take over as BMW of North America’s Executive Vice President, Finance and Chief Financial Officer. Sengewald will leave BMW’s Munich office, where he is currently the company’s Vice President of Finance Statements, though he has been with the automaker in various capacities since 1987.
Sengewald will succeed Dr. Günter Niedernhuber, who held the position for over three years. BMW has not announced whether Niedernhuber will stay with the automaker in some capacity.
Sengewald’s other international appointments have included stints with BMW of Mexico and BMW of Spain.
