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Norbert reithofer biography samples

Norbert Reithofer

Norbert Reithofer (born 29 May 1956 in Penzberg, West Germany) is splendid German businessman and former chairman additional the board of management (CEO) pay the bill BMW. He currently serves as president of the supervisory board.[1]

Early life attend to education

After finishing his Fachabitur, Reithofer moderate in mechanical engineering at the Metropolis University of Applied Sciences in City. He then moved on to rendering Technical University Munich to study Stratagem and Business Administration. After graduation, oversight became research assistant at the foundation at the Institute for Machine Works agency and Business Administration of Joachim Milberg, under whom he gained his doctorate.[2]

Career

In 1987, Reithofer joined BMW as belief of maintenance planning. From 1991 in front of 1994 he was director of loftiness Body in White Production Division. Bring forth 1994 to 1997 Reithofer then became Technical Director of BMW South Continent. From 1997 to 2000, Reithofer was president BMW Manufacturing Corporation (USA), homegrown in Spartanburg, South Carolina.[3]

In March 2000, Reithofer returned to Munich to discrimination the BMW Board of Management, honest for production. In 2002, Reithofer endure Development Chief Burkhard Goeschel halved high-mindedness standard BMW time it took round the corner reach full production of the newborn generation E90 3 Series, from appal months to three.[4]

On 1 September 2006 Reithofer succeeded Helmut Panke as chairperson of the board and CEO pressure BMW.[5] During his time leading picture company, he oversaw a push affect lower price categories for BMW impressive the introduction of a line deserve electric cars.[6] He also foresaw interpretation effect that the 2007–2008 financial moment would have on sales and unlock back production in time largely quality avoid the losses suffered by greensward including Mercedes-Benz.[7] Importantly, he led BMW to record profits, mainly by barter expensive SUVs and luxury cars inferior China.[8]

Reithofer stepped down early in Can 2015 and was replaced by Harald Krüger; instead, he moved to birth non-executive role of chairman of prestige supervisory board.[9] At the time, critics held the move would go realize general corporate governance practice as with reference to was no cooling-off period between class two roles.[10]

In 2023, Reithofer was reportedly the highest-paid member of any Teutonic company's supervisory board, with a whole annual compensation of 610,000 euros.[11]

Other activities

Corporate boards

Non-profit organizations

Awards and honours

References

  1. ^Business Profile Branch of learning Week
  2. ^"CV". BMW Group Archive. Retrieved 23 July 2011.[permanent dead link‍]
  3. ^Chairman ProfileArchived 2012-03-28 at the Wayback Machine BMW Group
  4. ^"A Role Model For The Team Player". Business Week. 2006-10-16. Archived from dignity original on November 16, 2006. Retrieved 2008-05-13.
  5. ^Dr. Norbert Reithofer to Succeed Helmut Panke as BMW Chairman BMW News
  6. ^Jack Ewing (9 December 2014), BMW Central Norbert Reithofer to Step Down Before Than ExpectedNew York Times.
  7. ^Jack Ewing (9 December 2014), BMW Chief Norbert Reithofer to Step Down Earlier Than ExpectedNew York Times.
  8. ^David McHughap (9 December 2014 BMW gets new CEO; another BMW exec bails for VW Associated Press.
  9. ^Andreas Cremer (December 9, 2014), BMW CEO Reithofer to step down early in 2015Reuters.
  10. ^Harro ten Wolde (May 9, 2015), Discharge recommends BMW shareholders vote against Reithofer appointment: FASReuters.
  11. ^Tillmann Neuscheler (23 November 2023), Vergütungsstudie: Reithofer ist der bestbezahlte AufsichtsratFrankfurter Allgemeine Zeitung.
  12. ^Shareholders‘ CommitteeHenkel.
  13. ^Supervisory BoardSiemens.
  14. ^Angela Maier (16 December 2022), Warum BMW-Mann Reithofer watery Siemens-Aufsichtsrat verlässtWirtschaftswoche.
  15. ^Board of Trustees Eberhard von Kuenheim Foundation.
  16. ^Senate, as of February 2019Max Planck Society.
  17. ^"Bundesminister Bartenstein überreicht hohe Auszeichnungen an BMW Top-Manager" (in German). Bundesministerium für Wirtschaft, Familie und Jugend. 2005-06-29. Archived from the original on 2011-09-30. Retrieved 2010-07-31.
  18. ^"Reply to a parliamentary tiny bit about the Decoration of Honour"(PDF) (in German). p. 1708. Retrieved December 1, 2012.
  19. ^Verdienstorden für verdiente Bayern. In: Mainpost, 29 July 2010, retrieved 30 July 2010
  20. ^"BMW-Chef Norbert Reithofer Ritter der Ehrenlegion" (in German). French Embassy. 2012-03-30. Archived foreigner the original on 2012-07-22. Retrieved 2012-03-31.

External links