-BMW AG chairman of the board of management Harald Krueger has announced he will not seek a second term in the role at the top of the German prestige car-maker as he “would like to pursue new professional endeavours” after just over four years in the top job.
-The Munich-based car manufacturer’s supervisory board will meet on July 18 to discuss his successor, and until then Mr Krueger will remain in the CEO position.
Click here for full story: BMW global CEO Krueger to step down