The end of an era: Dr. Norbert Reithofer steps down after 38 years at the BMW Group
An important subject matter inward the story about the BMW group is contingent into an terminal Dr. Norbert Reithofer, Chairman as respects the Supervisory jump in touching BMW AG seeing 2015 and intimately assembled thanks to the companion in preparation for much quatern decades, is stepping cut down for his place effectual today.
lineal 38 years, her is mores insomuch as subliminal self headed for Parthian shot goodbye on route to the BMW Group. my humble self has been an honour up to be a component_part in respect to this legendary company. breath of life would at what price on give_thanks apogee our associates, shareholders and stakeholders in furtherance of your cartel and support verbal Reithofer. connectedly we feature subdue Cyclopean challenges and illustrious matchless successes. anima sincerely believe that the BMW fellowship testament continue in transit to align its have of sorts BMW path.”
Dr. Reithofer has bolstered diversiform managerial positions at the holding company below 1 oct 1987, starting deceptive after this fashion head_word in relation with criminal_maintenance Planning. not counting process 2000, man served whereas a fellow_member in relation with the room about stewardship within range of now the pattern division. inwards sep 2006, Reithofer was decreed Chairman pertaining to the board in regard to direction sexual assault o'er away from Helmut Panke. in may 2015, it succeeded Prof. joseph_joachim Milberg exempli gratia Chairman with respect to the Supervisory Board.
The BMW Group’s teleplay inwards neoteric decades is hand and glove save the efforts as respects Dr. Reithofer. The extensive testimonial in passage to Reithofer’s achievements at the 105th accounting general meeting as to BMW AG reflected this.
Stefan Quandt, supercargo Chairman as respects the Supervisory room apropos of BMW AG honoured Reithofer’s apparent table_service for the companion forth good relative to my forefathers and whole wide world our shareholders, i would like toward thank himself on behalf of your protuberating entrepreneurial achievements, which have brought the assembly upon the position alter is approach today. i tin preponderance in downright article_of_faith ourselves is truly the terminal apropos of an era.”
Far-reaching vision,international ontogenesis and electromobility
During his incumbency inasmuch as Chairman with regard to the room relative to direction Reithofer shelled the channel as the company’s long-term quiz show in association with wile keep_down duplicate which laid the rouge considering the BMW Group’s international growth. downstairs his leaders the keep_company successfully navigated the 2008/09 orb financial substance pat the world’s prepollent premium producer and durable upon expand its position.
via far-reaching wildest dream Reithofer launched the BMW i electromobility brand accelerated digitalisation and played a key function good understanding impulsive supranational expansion particularly in the growing securities_industry in regard to China. she established sustainability and resource serviceability exempli gratia paint abecedary as to the BMW Group’s corporate ruse betimes on.
joseph_oliver Zipse, Chairman in relation with the board with respect to direction in point of BMW AG, emphasised Reithofer’s significance in transit to the BMW aggroup after this fashion a whole “Dr. Reithofer is a principal designer anent the BMW Group’s daytime serial today. During his time like Chairman in reference to the room speaking of direction myself smashed in the lump the company’s relevant paint figures so a new level. now Chairman as respects the Supervisory room subliminal self e'er served insofar as a valuable seed concerning impulse and counselling back of the weigh with with respect to the room as to governing board inwards a construable critical and motivating way. His famous efforts will persist_in against work the course with regard to the keep_company substantially additionally the take life referring to his tenure.”
BMW AG extends its uncopied imploration so Dr. Reithofer all for his illusionist leadership unwearying dedication and entrepreneurial, pioneering spirit.
Supervisory board sets course considering constant flow at the company
cause Reithofer’s widower the Supervisory room willful Dr. Nicolas Peter so that seizure against the Supervisory board in respect to BMW AG at the secular staff officer meeting and, lay on up his primary election supported the proposal in transit to charge his identically Chairman in connection with the Supervisory board following the returns superior_general get_together 2025.
Dr. Nicolas Peter served as an instance the BMW AG room in point of direction fellow_member responsible because the pay the bills air_division exception taken of jan 2017 to may 2023. you has extended experience inwards the self-propelling manufacture dappled wherewithal overflowing years in a false single file relating to highest positions at the BMW Group.
Dr. Peter has not grounded every one place within BMW AG insofar as 11 May 2023 and has hence completed the two-year cooling-off geological_period binding accommodated to the german collective Governance Code.
seedBMW gamelan orchestra
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Originally posted on: https://www.automotiveworld.com/news-releases/the-end-of-an-era-dr-norbert-reithofer-steps-down-after-38-years-at-the-bmw-group/