MUNICH, Germany, January 16, 2023 (GLOBE NEWSWIRE) — Lilium NV LILM, developer of the first all-electric vertical take-off and landing jet (“eVTOL”), today announced that the Board of Directors has appointed Oliver Vogelgesang as Chief Financial Officer (CFO) and Sebastien Borel as Chief Commercial Officer (CCO), effective immediately. Oliver Vogelgesang will succeed Geoffrey Richardson, who is stepping down after a successful tenure, including the inclusion of Lilium through a listing on the NASDAQ.

As veteran aerospace executives currently serving in senior leadership roles at Lilium, Oliver and Sebastien are in a unique position to support CEO Klaus Roewe in the further development of Lilium’s eVTOL jet.

Oliver joined Lilium in July 2021 as SVP Finance & Controlling with the task of building up the Controlling and Investor Relations functions. He brings almost 30 years of experience in finance and aerospace, most recently as Managing Director Finance Airbus Germany and SVP Finance & Controlling of the important Airbus A320 program. During his tenure in this position, the program grew to be the largest and most financially successful aviation program in the world. Previously, he was VP Investor Relations at Airbus Group for four years and held several additional roles in finance, program management and restructuring programs at Airbus. Oliver studied aerospace engineering at the Technical University of Munich and holds an MBA from the University of Saarbrücken.

Sebastien joined Lilium in November 2021 as Vice President Business and was promoted to SVP Commercial in April 2022. Prior to joining Lilium, alongside his start-up experience in the US, including at InfoTrust, Sebastien held various key management positions at Honeywell and Airbus Group (now Flatirons Solutions). Since joining Lilium, he has entered into letters of intent and binding contracts for orders for more than 600 aircraft. Sebastien attended the French Commercial Officers Academy and holds commercial pilot licenses.

Oliver’s appointment follows…