Lilium appoints Oliver Vogelgesang as CFO and Sebastien Borel as CCO

T. Schneider/

German eVTOL company Lilium announced a major managerial reshuffling, with the positions of Chief Financial Officer (CFO) and Chief Commercial Officer (CCO) changing hands in one go.  

Oliver Vogelgesang has been appointed CFO and Sebastien Borel will take on the position of CCO. 

Vogelgesang, who is replacing Geoffrey Richardson as CFO, was until now SVP Finance & Controlling, while Borel, the new CCO, had been occupying the position of SVP Commercial since mid-2022. 

The two new C-suite executives have both been at Lilium since 2021 and are veterans of Airbus and the aerospace industry. 

Last November, Nasdaq-listed Lilium closed an additional $119M funding round to continue developing its electrically powered eVTOL aircraft. 

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Miquel Ros
Deputy Editor[br][br] Miquel has been Deputy Editor at AeroTime since late 2022 and is based in Barcelona, Spain. In addition to his work for AeroTime, he has published on other international media outlets as well, such as CNN, The Points Guy and Airways Magazine. Miquel also worked at the editorial team of Flightglobal and produces, a site and podcast about the aviation industry.
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