Just In
- 9 hrs ago
Kawasaki Bikes Offers & New-Year Discounts For January 2021: Benefits Of Rs 50,000 On Select Models
- 11 hrs ago
Top Bike News Of The Week: Top Two-Wheeler Stories From Previous Week In The Market
- 12 hrs ago
Top Car News Of The Week: Here Are The Main Headlines From The Week Gone By!
- 1 day ago
2021 Aprilia RSV4 and RSV4 Factory Revealed: Here Is Everything You Need To Know
Don't Miss!
- News
BJP leaders demand ban on 'Tandav' for mocking Hindu deities, seek apology
- Sports
Public outcry in Greece after Olympic medalist opens up about sexual assault
- Technology
Motorola Nio Design Tipped Via Leaked Hand-On Images; To Flaunt Dual-Slefie Camera Module
- Movies
Bigg Boss 14: Salman Khan And Other Former Contestants Condole Talent Manager Pista Dhakad's Death
- Lifestyle
28 Best Foods To Lower Cholesterol
- Finance
3 Housing Finance Stocks That Can Generate Solid Returns
- Travel
10 Best Places To Visit In Uttar Pradesh In January
- Education
Bihar Board 12th Admit Card 2021, Download BSEB Intermediate Admit Card 2021 at biharboardonline.com
BMW To Get New CEO
BMW, one of the world's leading luxury car manufacturer based out of Germany is set to get a new CEO in early 2015.
Norbert Reithofer, the present CEO of the luxury car manufacturer will step down from the CEO position, to become Chairman of the board.
His position as the CEO will be taken over by Harald Krueger, who is presently the production chief of BMW.
Reithofer, who has been at the throne of the company since 2006, has led the company to be successful, expand and gain profits all these years.
He was also the man behind the success of BMW in China.
Krueger, on the other hand joined BMW back in 1992 as a trainee and worked his way up the success ladder.
He was the person responsible for the success of the company's MINI brand as well as the motorcycle department before becoming the Chief of production in 2013.
Krueger was also the project engineer at the plant in Spartanburg, South Carolina, during the 1990s and the Director of engine production at Hams Hall in the UK.
The company has said in a statement that Reithofer will take over as the new Chairman of the board, replacing Joachim Milberg during the shareholder meeting, scheduled to take place on the 13th of May.
BMW said that these changes are steps taken to initiate a generational change in the CEO and Chairman's position.