Lilium N.V. announced that it is accelerating its next phase of product delivery and business growth with the naming of Klaus Roewe, long-time Airbus executive, as CEO. Roewe will be joining Lilium on August 1, 2022. Daniel Wiegand, Lilium co-founder and the current CEO, will continue as Lilium's Chief Engineer for Innovation and Future Programs and as a Board Director.

During his 30 years at Airbus, Klaus Roewe has spearheaded all phases of the life cycle of a commercial aircraft across Engineering, Manufacturing, Program management and Customer Support. He led Airbus' most important business line, the A320 and A320neo programs, to unprecedented success during his tenure: improving aircraft performance, doubling EBIT, cutting unit costs, while increasing market share and FCF, making it the most successful large commercial aircraft program of all time. As is standard practice, the formal role of CEO will be effective upon approval at Lilium's 2022 Annual General Meeting of Shareholders.