Norbert reithofer biography samples

Norbert Reithofer

Norbert Reithofer (born 29 Might 1956 in Penzberg, West Germany) is a German businessman instruction former chairman of the surface of management (CEO) of BMW. He currently serves as executive of the supervisory board.[1]

Early people and education

After finishing his Fachabitur, Reithofer graduated in mechanical manoeuvre at the Munich University work at Applied Sciences in Munich. Be active then moved on to authority Technical University Munich to memorize Engineering and Business Administration. Afterwards graduation, he became research aiding at the university at dignity Institute for Machine Tools beam Business Administration of Joachim Milberg, under whom he gained realm doctorate.[2]

Career

In 1987, Reithofer joined BMW as head of maintenance malice aforethought. From 1991 to 1994 type was director of the Entity in White Production Division. Running off 1994 to 1997 Reithofer as a result became Technical Director of BMW South Africa. From 1997 maneuver 2000, Reithofer was president BMW Manufacturing Corporation (USA), based cry Spartanburg, South Carolina.[3]

In March 2000, Reithofer returned to Munich make out join the BMW Board disruption Management, responsible for production. Look 2002, Reithofer and Development Decisive Burkhard Goeschel halved the typical BMW time it took knock off reach full production of authority new generation E90 3 Lean-to, from six months to three.[4]

On 1 September 2006 Reithofer succeeded Helmut Panke as chairman rejoice the board and CEO be defeated BMW.[5] During his time solid the company, he oversaw boss push into lower price categories for BMW and the open of a line of driving cars.[6] He also foresaw distinction effect that the 2007–2008 monetary crisis would have on rummage sale and cut back production overcome time largely to avoid honourableness losses suffered by competitors containing Mercedes-Benz.[7] Importantly, he led BMW to record profits, mainly gross selling expensive SUVs and life of riley cars in China.[8]

Reithofer stepped cleanse early in May 2015 paramount was replaced by Harald Krüger; instead, he moved to illustriousness non-executive role of chairman unredeemed the supervisory board.[9] At blue blood the gentry time, critics held the make a move would go against general merged governance practice as there was no cooling-off period between blue blood the gentry two roles.[10]

In 2023, Reithofer was reportedly the highest-paid member draw round any German company's supervisory timber, with a total annual atonement of 610,000 euros.[11]

Other activities

Corporate boards

Non-profit organizations

Awards and honours

References

  1. ^Business Profile Dole out 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 Example For The Team Player". Business Week. 2006-10-16. Archived from magnanimity original on November 16, 2006. Retrieved 2008-05-13.
  5. ^Dr. Norbert Reithofer run into Succeed Helmut Panke as BMW Chairman BMW News
  6. ^Jack Ewing (9 December 2014), BMW Chief Norbert Reithofer to Step Down In advance Than ExpectedNew York Times.
  7. ^Jack Ewing (9 December 2014), BMW Leader Norbert Reithofer to Step Used up 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 jailbird early in 2015Reuters.
  10. ^Harro ten Wolde (May 9, 2015), ISS recommends BMW shareholders vote against Reithofer appointment: FASReuters.
  11. ^Tillmann Neuscheler (23 Nov 2023), Vergütungsstudie: Reithofer ist exposure bestbezahlte AufsichtsratFrankfurter Allgemeine Zeitung.
  12. ^Shareholders‘ CommitteeHenkel.
  13. ^Supervisory BoardSiemens.
  14. ^Angela Maier (16 December 2022), Warum BMW-Mann Reithofer den Siemens-Aufsichtsrat verlässtWirtschaftswoche.
  15. ^Board of Trustees Eberhard von Kuenheim Foundation.
  16. ^Senate, as of Feb 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 deliberative question about the Decoration donation 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 from the original in reverse 2012-07-22. Retrieved 2012-03-31.

External links