The Board of Trustees advises and supervises the Board of Directors and is responsible for policy decisions.
Prof. Dr.-Ing. Joachim Milberg, born 1943 in Verl, was chairman of the supervisory board of BMW AG. He is currently chairman of the Board of Trustees of the BMW Stiftung Herbert Quandt. After studying production engineering at the State School of Engineering in Bielefeld and at the Technical University of Berlin, Joachim Milberg earned his doctorate in engineering in 1971. From 1981 to 1993, he was full professor for machine tools and business administration at the Technical University of Munich and head of the Research Institute for Machine Tools and Business Administration, which included the Center for Production Automation and Robotics in Munich and the Production Application Center in Augsburg. From 1991 to 1993, Professor Milberg was dean of the Faculty of Mechanical Engineering at the Technical University of Munich.
From 1993 until 1998, he was a member of the board of management of BMW, responsible for production. From 1999 until 2002, he was chairman of the board of management of BMW AG and from 2004 to 2015 chairman of the company’s supervisory board.
Prof. Dr. Bolko von Oetinger has been with the Boston Consulting Group (BCG) since 1974, first in Menlo Park and Paris, later in Munich. Since 2016, he has been the vice chair of the Board of Trustees of the BMW Foundation Herbert Quandt.
Bolko von Oetinger studied political science and business administration in Berlin and received an MBA from Stanford. In addition to working with BCG clients – specializing in strategy, organization, and innovation – , he was in charge of the Kronberg Conferences from 1981 until 2005. From 1983 until 1995, he served on the international Executive Committee, from 1994 until 1998 he headed worldwide marketing operations. In 1998, he founded the BCG’s Strategy Institute, which he directed until April 2008. In July 2008 he retired from active consulting, but continues to serve as a BCG senior advisor.
Since 1998, Bolko von Oetinger has been a guest lecturer in “Strategic Management” at WHU – Otto Beisheim School of Management, where he was appointed honorary professor in 2004. From 1999 until 2004, he was a member of the Advisory Council of the Stanford Graduate School of Business. He has published numerous articles and books on strategy. Among other positions, he also serves as a member of the board of the German Academic Association for Business Research (VHB).
Eberhard von Kuenheim, born in Judyty, East Prussia in 1928, has been an Honorary Member of the Board of Trustees of the BMW Foundation Herbert Quandt since 2016.
He was employed as a worker and trainee with Bosch from 1948 to 1950 and then went on to study at Stuttgart Technical College, where he gained a diploma in engineering in 1954. From 1954 to 1965 he worked for the machine tool manufacturer Max Müller in Hanover (now Gildemeister, Bielefeld), first as a production and sales engineer and then in the position of technical director. In October 1965 he moved to Quandt where he was appointed chief representative, and he was vice-chairman of Industrie-Werke Karlsruhe (IWKA) from September 1968 to the end of 1969.
In 1970, he was appointed CEO of BMW AG, a position he held until 1993. In May 1993, Eberhard von Kuenheim became Chairman of the BMW AG Supervisory Board. He was Chairman of the Board of Trustees of the Eberhard von Kuenheim Foundation of BMW AG from 2000 to 2010 and then took the position of Honorary Chairman of the Board of Trustees.
Professor Dr. Renate Köcher, born 1952 in Frankfurt am Main, is managing director of the Allensbach Institute (Institut für Demoskopie Allensbach). She has been a member of the Board of Trustees of the BMW Foundation Herbert Quandt since 2016.
Renate Köcher studied economics, sociology, and journalism in Mainz. In 1985, she earned her doctorate (Dr. rer. pol.) in Munich with a thesis on “The Professional Ethics of German and British Journalists.” In 1977, Renate Köcher became a research associate at the Allensbach Institute and has been managing director of the Institute since 1988. Her research focuses on people’s willingness to undertake reforms and innovations, acceptance of new technologies, political analyses, and changing values. In 2003, Renate Köcher was conferred the title of professor.
In addition to numerous articles for economic and social journals, she is a regular contributor to the Frankfurter Allgemeine Zeitung and also serves on several supervisory boards of major companies.
Dr. Nicolas Peter, Chief Financial Officer of BMW AG, studied law at the University of Munich (LMU), where he also obtained his doctorate in 1990.
From 1991 to 1993, he held various positions in Corporate Finance at the BMW Group headquarters in Munich before becoming head of the BMW Coordination Center in Brussels. In 1996, he was appointed Head of Risk Management at BMW AG in Munich. After serving as Chief Financial Officer at BMW France in Paris from 1999 to 2002, Dr. Nicolas Peter became Vice President BMW Nordic in Stockholm. He returned to Munich as Senior Vice President Sales Strategy and Sales IT and became Senior Vice President Group Controlling in 2007.
On January 1, 2017, Dr. Nicolas Peter was appointed Chief Financial Officer of BMW AG.
Stefan Quandt was born in Frankfurt, Germany in 1966. In 1993, he graduated from Karlsruhe University of Technology with a 'Diplom' (equivalent to a Master's Degree) in Business Engineering. After an internship at The Boston Consulting Group, he worked in cost accounting and corporate accounting at Datacard Corporation in Minneapolis, and later as Marketing Manager at Datacard Asia Pacific Ltd. in Hong Kong.
Since 1996, he has been an entrepreneur and industrialist. Mr. Quandt joined the Supervisory Board of BMW AG as well as the Board of Trustees of the BMW Foundation Herbert Quandt in 1997. In addition, he serves on various Boards of family-owned companies, including as Chairman of the Supervisory Board of DELTON AG and as Chairman and Managing Director of AQTON SE, both in Bad Homburg, and member of the Board of Directors of Datacard Corporation, Minneapolis. In respect to non-profit organizations, Mr. Quandt is Vice Chairman of the Board of Trustees of the Johanna Quandt Foundation.
Dr.-Ing. Norbert Reithofer, born 1955 in Penzberg, is Chairman of the Supervisory Board of BMW AG and a member of the Board of Trustees of the BMW Foundation Herbert Quandt. From 1974 until 1977, he studied mechanical engineering at the Munich University of Applied Sciences before transferring to the Technical University of Munich, where he studied production engineering and business administration.
After joining BMW AG in 1987, Norbert Reithofer was Director of the Body in White Production Division from 1991 until 1994 and Technical Director of BMW South Africa from 1994 until 1997. He subsequently served as President of the BMW Manufacturing Corporation in South Carolina, USA, before being appointed Member of the Board of Management, responsible for Production, in 2000. From 2006 until 2015, Norbert Reithofer was Chairman of the Board of Management, since May 2015, he has been Chairman of the Supervisory Board of BMW AG.
Maximilian Schöberl, born in 1963 in Göttingen, has headed the Corporate and Governmental Affairs department of BMW Group since September 2006. He has served as a member of the Board of Trustees of the BMW Foundation Herbert Quandt since March 2014.
After training as a freight forwarding agent with Bayerische Lloyd AG and earning a degree in business administration, Maximilian Schöberl joined the ZDF where he worked, from 1991 until 1992, as an editor for the political program Studio 1 and its successor, Frontal, as well as the economic program WiSo. He was subsequently appointed head of Media and Public Relations of the CSU under the party’s then-chairman Theo Waigel. After the end of the Kohl government in 1998, Schöberl took up a management position with Kirch Holding. Later, he worked in the team of the insolvency administrator of Kirch Group. In 2003, he transferred to Vodafone, where he served as Director of Corporate Communications and Governmental Affairs.
At BMW Group, Schöberl is responsible for all communications, sustainability, and political activities of the car manufacturer worldwide. Based at the company’s Munich headquarters, Schöberl directs the global communications efforts of all BMW locations in more than 150 countries.
Ulrich Wilhelm, born 1961 in Munich, is director general of the Bavarian Broadcasting Corporation (Bayerischer Rundfunk). He has been a member of the Board of Trustees of the BMW Foundation Herbert Quandt since 2016.
Ulrich Wilhelm earned a journalism diploma from the German School of Journalism. He studied law at the Universities of Passau and Munich and worked as a freelance journalist, last in the main editorial office of the Bavarian Broadcasting Corporation. 1991, the fully qualified lawyer joined the civil service, working first in the Bavarian Ministry of the Interior. In 1993, Wilhelm moved to the Bavarian State Chancellery, where he became press spokesperson of the Bavarian Minister President and the Bavarian Government in 1999. In 2004, Wilhelm became head administrator of the Bavarian Ministry of Science, Research and the Arts.
In 2005, he moved to Berlin to become director of the Press and Information Office of the Federal Government and spokesperson of the German government in the rank of a Permanent State Secretary. In 2010, he was elected director general of the Bavarian Broadcasting Corporation by the broadcasting council.