Harald Krüger will soon lead BMW. Norbert Reithofer are surprisingly off the tour.
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At BMW actually had banned all looked on 2016. Then, the automotive group will be 100 years old, free time for review and the necessary course for the future. In addition, the current BMW CEO Norbert Reithofer is then 60 years of age, which is for the top staff of BMW’s internal border. Then there are, if anything, only contract extensions of one year.
Author:.> Henning Peitsmeier, born in 1968, business correspondent in Munich
It is therefore surprising that BMW is already the Annual General Meeting 2015 introduces the next generation. Harald Krüger from the Group has a CEO at the age of 49 years. It is supervised by a chairman who is only ten years older. And above all stands the Quandt family, which itself has been the generation behind.
It was on 9 December 1959, when Herbert Quandt kept in an emotional AGM BMW before selling it to Daimler. For many in the company, this date is the actual birth of the white-blue car brand. Today at BMW with 52-year-old Susanne Klatten and her 48 years old brother Stefan Quandt the next generation is in charge. They lead the Group to the “long leash” and rely on a managerial elite, which is mostly grown in- house. Since the BMW heir
see all in the family tradition.
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continuity is very important for BMW, since Herbert Quandt 1980 Chairmanship gave. Whether Hans Graf von der Goltz, Eberhard von Kuenheim or currently the manager Joachim Milberg and Norbert Reithofer, often they all worked for several decades in various positions. She likes to seamlessly switched from the CEO to the executive chair in the supervisory board.
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For the coming shareholder meeting in May 2015 there is this famous writer: Then Reithofer is his old friend and follow conveyor Milberg to supervise the work of his own successor by the Supervisory Board. With the principles of good corporate governance (Corporate Governance) is the incompatible. But these rules do not take care of the Quandt family. They have their own. And they go so far so good, even in times of crisis, as in the years 2008 and 2009, as well as BMW, the bands were resting for several weeks. More than 700 million euro dividend pours from the Group to the family. Why should she change?
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