Rolls-Royce has announced that Torsten Muller-Otvos will retire from his role as Chief Executive Officer on November 30, 2023. Chris Brownridge will take his place at the helm of the brand.
Brownridge, who is currently CEO of BMW UK, joined the company in 1995. Over the years, he has held various roles within BMW. He was the sales director of BMW UK and the regional director of Mini for the UK and Ireland.
“I’m both honored and humbled by my new appointment,” Brownridge said. “To be invited to lead this great British brand, at such a pivotal moment in its long and remarkable story, is an extraordinary privilege. Rolls-Royce is one of the world’s most recognized, desirable, and influential brands, and I’m keenly aware of the enormous affection and esteem in which it’s held,” he added.
Torsten Muller-Otvos joined Rolls-Royce in 2010. He is the longest-serving CEO of the brand. Under his watch, the luxury brand grew from selling 1,000 cars in 2009 to over 6,000 in 2022. Today, Rolls-Royce’s uber-luxurious automobiles are sold across 50 countries, with the Americas being the largest market.
“Leading Rolls-Royce for almost 14 years has been the greatest privilege and pleasure of my professional life,” Torsten commented. “To have grown the company and its world-class people to the position it is in today, at the pinnacle of the luxury industry, has been a remarkable adventure. I am proud of the role my exceptional team and I have played in contributing significantly to the UK economy and to the global recognition of Britain’s ability to produce the world’s best luxury products,” he added.