BMW CEO Harald Krüger has announced that he will not seek a second term in office, and will step down after four years at the helm of the German carmaker when his current term ends on April 30, 2020, or earlier.
“The BMW Group has been my professional home for more than 27 years. After more than ten years in the Board of Management, more than four of which as the CEO of the BMW Group, I would like to pursue new professional endeavours and leverage my diverse international experience for new projects and ventures,” said Krüger.
For now, a successor has yet be named, but the board will convene on July 18, 2019 to decide who will replace Krüger. According to a Reuters report, three potential successors have been lined up, including head of production Oliver Zipse, chief financial officer Nicolas Peter and R&D board member Klaus Froehlich.
During Krüger’s tenure, which began on May 13, 2015, BMW put forward its Number One > Next strategy that saw the largest model roll-out in the its history. The strategy also includes a push towards electromobility, with plans for 25 new electrified models out by 2025.
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Harald Krueger has been done so many good things about BMW ever since he step in as BMW CEO since 13th of May 2015 like electrified cars, contributing projects for newer generation of BMW Models and BMW Technology as well. Of course, Sadly, I want to say is that I know that Harald Krueger will step down next year because of weakest earnings of last year due to Trump Tarriffs which is not that good. Same goes for Mercedes, previous Mercedes CEO named as Dieter Zetsche also step down due to weakest earnings of last year performance due to Trump Tarriff. Not only that, this same goes to Volkswagen, Volvo, China Cars, Ford, Renault, Geely and other good EU Cars. Actually, this is very unfair in which all around the world don’t like Donald Trump.
Anyway, in the future, like what new Mercedes CEO named as Ola Källenius and Mercedes Team are doing, they are working hard to resolve back to make Mercedes earnings. In the future, new BMW CEO and their BMW Teams will also working hard to resolve back BMW performance earnings. These both BMW and Mercedes in the future, they are to ensure that to make their companies to be better by selling electrified cars to the customers to increase more sales, making better design, selling PHEV Cars to the consumers to reduce carbon emissions, making better performance for their newer engines and to continue to improve quality to be better. So far, BMW and Mercedes are really good without any problems, especially for EU Cars and China Cars and Proton which they are very successful.
Like in Malaysia, what Proton CEO and their team is doing, they are working hard to make Proton to be successful cause compare to last year because Proton Team wants to make sure that Proton service is good, giving better products with good quality’s and contributing projects and making promotions to the customers. Even BMW Malaysia, Mercedes Malaysia and Volvo Malaysia are also making to improve service quality to be better, to sell better products to the consumers with lots of technology and better performance and more specs. So right now, BMW, Volvo, Mercedes and Proton are already worked hard to improve compare to last year which they are making successful right now.
Anyway, I just want to say that to thanks to current BMW CEO for doing better jobs to contribute BMW projects. I hope that new BMW CEO will continue to work hard to improve quality like performance earnings, continue to make better products like performance and advanced technology. Lastly, in order to save EU Cars, China Cars, Ford and Proton to make sales and performance earning to better in the future.
Support BMW, Proton, Geely, Mercedes, Volvo, Renault, Peugeot, Ford, Mitsubishi, Haval, Borgward > all
He did a lot of good but I believe he step down to take the blame for BMW’s own dieselgate scandal. This is their style, find a scapegoat and pay him well to take the fall.
Resign if he quit before his term ended, this is just him not extending his term ie retire.
he is joining his brother, freddy krueger of nightmare on elm street ^^
Hahaha…funny la you..