The head of BMW announced his departure from the company

The head of BMW announced his departure from the company

July 5, 2019 0 By autotimesnews

Harald Kruger leaves the brand after 27 years of work

BMW CEO Harald Kruger said that he voluntarily leaves the post and will not wait for re-election for a second term. He held this post for more than four years, and in total he spent 27 years in the company.

The Kruger contract expires next April, 2020, but the current CEO of the Bavarian manufacturer decided that he would not run for office. He took up his post in 2015 – at that time he became one of the youngest general directors among all the major automakers. According to Kruger himself, he wants to apply his “diverse experience to solve new problems and work on new projects.”

Norbert Reithofer, Chairman of the Supervisory Board of BMW, said that he respects and decides to leave Kruger and the desire to develop further.

“For a quarter of a century, Harald Kruger has demonstrated true loyalty to the BMW Group, regardless of the position he held,” – he added.

The question of the successor to Kruger will be decided at a meeting of the supervisory board, which will be held July 18. Initially, it should have addressed the issue of the second term of the current president, but he decided to get ahead of events and he himself announced a voluntary resignation. At the moment, there are two main candidates for this post: the head of the development department, Klaus Froelich, and the director of production, Oliver Zips.