Lilium appoints new CFO and CCO


Lilium has appointed Oliver Vogelgesang as chief financial officer and Sebastien Borel as chief commercial officer. 

Vogelgesang will take over from Geoffrey Richardson, who is stepping down following a tenure in which he oversaw Lilium listed on NASDAQ. He joined Lilium in July 2021 and brings almost three decades of finance and aerospace experience, most recently serving as MD, Finance at Airbus Germany.

Borel joined Lilium in November 2021 as vice president, Business and was appointed senior vice president, Commercial in April last year. Prior to joining Lilium, he held positions at Honeywell and Airbus.

Departing CFO, Richardson said: “I am proud to have personally contributed to laying the structural, financial, and organisational basis for Lilium to succeed in their mission to accelerate the decarbonisation of aviation. The time has come for me to move on to my next challenge in the ESG space.

“This next phase of Lilium’s industrialisation requires a team effort with physical presence on site in Germany that I can’t deliver from California,” he added.

Tom Enders, chairman of Lilium’s Board, said: “Geoffrey has delivered to Lilium what a European aviation start-up could have never achieved alone: an early, quick, and successful listing on NASDAQ that gave the company access to the public equity markets. Geoffrey brought together a high caliber group of long-term investors committed to Lilium’s vision. As we begin building our first prototypes for our conforming aircraft, we’re thrilled to have such proven senior executives as Oliver and Sebastien to continue the mission as CFO and CCO alongside Klaus and the rest of the leadership team.”