Corporate News
       
    13.03.2008
Ian Robertson appointed as Head of Sales and Marketing on the BMW AG Board of Management

Stefan Krause moves to the Board of Management at Deutsche Bank
Four candidates nominated for the BMW AG Supervisory Board


Munich. The BMW AG Supervisory Board has appointed Ian Robertson (49) as the BMW AG’s new Board Member for Sales and Marketing with immediate effect. Mr Robertson has been Chairman and Chief Executive Officer of Rolls-Royce Motor Cars Ltd since February 2005 and will remain in this capacity with the UK-based BMW AG subsidiary in Goodwood until his successor is announced.

Prior to the announcement of Mr Robertson’s appointment, the BMW AG Supervisory Board had granted Stefan Krause’s (45) request to be released from his position as Board Member for Sales and Marketing. Mr Krause’s 20-year career with the BMW AG has seen him take on a wide range of international po-sitions. The Supervisory Board and the entire Management Board acknowledged Mr Krause’s request with regret and expressed their gratitude for his services to the company over the past years.

Norbert Reithofer, Chairman of the Board of Management of BMW AG, said, “We respect Mr Krause’s decision to terminate his contract prematurely and take on a new challenge outside the BMW AG. On behalf of the entire Management Board I would like to thank him for his commitment and wish him all the best for his new task.” Referring to Mr Krause’s successor, Dr Reithofer added, “I am pleased that with Ian Robertson at the helm, our Sales and Marketing organisation will be managed by someone who has a wealth of international experience and a knowledge base spanning every possible area of the automotive industry.”

At the close of the Annual General Meeting on 8 May two members of the Su-pervisory Board will be stepping down: Arthur L. Kelly and Dr Hans-Dietrich Winkhaus will have reached the age limit agreed for Supervisory Board mem-bers. Heinz-Joachim Neubürger will also give up his Supervisory Board mandate due to his new position with KKR.

Based on a recommendation by the Nominations Committee, the Supervisory Board will propose three candidates as their possible successors at the next An-nual General Meeting: Prof. Dr. rer. pol. Renate Köcher, Managing Director of the Allensbach Institut für Demoskopie, Prof. Dr. rer. nat. Reinhard Hüttl, Direc-tor of the GeoForschungsZentrums Potsdam and Dr. jur. Karl-Ludwig Kley, Chairman of the Executive Board of Merck KGaA.

In February of this year Konrad Gottinger relinquished his Supervisory Board mandate as employee representative. As a possible successor, the Supervisory Board, the Management Board and the General Works Council will propose Maria Schmidt. Ms Schmidt, who is a member of the Works Council in Dingolf-ing, will stand as a candidate in the next regular vote.


For more information, please contact:

Corporate Affairs
***
Bill McAndrews, Corporate Communications
Telephone: +49 89 382-22332, Fax: +49 89 382-24418

Maximilian Schöberl, Corporate and Intergovernmental Affairs
Telephone: +49 89 382-37446, Fax: +49 89 382-24418
***

Internet: www.press.bmwgroup.com
e-mail: presse@bmw.de

   
   
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