Lilium N.V., developer of the all-electric vertical take-off and landing (eVTOL) Lilium jet, has released that the Board of Directors has appointed Oliver Vogelgesang as Chief Financial Officer (CFO) and Sebastien Borel as Chief Commercial Officer (CCO) with immediate effect. Vogelgesang will take over from Geoffrey Richardson, who is stepping down following a successful tenure, including bringing Lilium through a listing on NASDAQ.
As experienced aerospace executives currently in senior leadership roles at Lilium, Vogelsang and Borel are uniquely positioned to support CEO Klaus Roewe in the continued development of Lilium’s eVTOL jet.
Vogelsang joined Lilium in July 2021 as SVP Finance & Controlling, tasked with building the controlling and investor relations functions. He brings almost 30 years of finance and aerospace experience, most recently serving as Managing Director Finance Airbus Germany and SVP Finance & Controlling of the important Airbus A320 programme.
Borel joined Lilium in November 2021 as Vice President, Business and was appointed SVP Commercial in April 2022. Prior to joining Lilium, he held various key management positions at Honeywell and Airbus in addition to his start-up experience in the U.S., including at the InfoTrust Group (now Flatirons Solutions). Since his start at Lilium, he has finalised MoUs and binding contracts for orders of more than 600 aircraft.
