• News
    • Around South Florida
    • Black News
    • Florida
    • Local News
    • National & World
    • Caribbean News
    • Opinion
    • Prayerful Living
  • Business
    • Insurance
    • Credit
    • Loans
    • Trading
    • Mortgage
    • Donate
  • Opinion
  • Politics
    • State
    • Local
    • National
    • International
    • Elections
  • Technology
    • Software Review
    • Hosting
    • Gas/Electricity
    • Small Business
    • VOIP Solutions
  • Education
    • Classes
    • College
    • Degree
    • FIU
    • HBCU
    • High school
    • Online classes
    • Miami-dade
  • SoFLO Live
    • Calendar
    • Entertainment
    • Fashion
    • Food
    • Books
    • Music
    • Movies
  • Health
    • Kids Nutrition
    • Health Jobs
    • Insurance
    • Weight Loss
    • Pet Health
  • Sports
  • Special Sections
    • Hurricane Guide
    • Summer Camp Guide
    • Back To School
    • Black History
    • Business & Finance
    • Martin Luther King Jr.
    • Mother’s Day
    • Women’s History
    • Season of the Arts
  • Obituaries

  • Home
  • Login
  • Register
  • Digital Edition
  • About Us
  • Staff
    • Home
    • Login
    • Register
    • Digital Edition
    • About Us
    • Staff
    South Florida Times
    • News
      • Around South Florida
      • Black News
      • Florida
      • Local News
      • National & World
      • Caribbean News
      • Opinion
      • Prayerful Living
      • New Florida law stiffens false 911 calls penalties

        David Snelling, May 22, 2025
      • Former Dolphins defensive lineman Randy Crowder dies at 72

        David Snelling, May 22, 2025
      • Ice cream maker issues recall with concerns about plastic

        Associated Press, May 22, 2025
    • Business
      • Insurance
      • Credit
      • Loans
      • Trading
      • Mortgage
      • Donate
      • Puerto Rico seeks to lure manufacturing to boost its economy

        S. Florida Times, May 15, 2025
      • Prominent pastor notified books loaned to African American museum may be returned amid review

        Associated Press, May 8, 2025
      • Target CEO rakes in $20 million as boycott deepens nationwide

        S. Florida Times, May 8, 2025
    • Opinion
      • Being tough on crime includes addressing unconscionable child abuse

        S. Florida Times, May 22, 2025
      • NYU student is latest freedom of speech casualty for criticizing Gaza ‘genocide’

        Mohamed Hamaludin, May 22, 2025
      • Congress must fix how Medicare pays doctors – before it’s too late

        S. Florida Times, May 22, 2025
    • Politics
      • State
      • Local
      • National
      • International
      • Elections
      • Key moments from first week of Sean ‘Diddy’ Combs’ sex trafficking trial

        Associated Press, May 22, 2025
      • Trump offers migrants $1,000 to self deport, legally reenter the U.S.

        David Snelling, May 6, 2025
      • 60,000 Americans to lose their rental assistance and risk eviction

        S. Florida Times, April 24, 2025
    • Technology
      • Software Review
      • Hosting
      • Gas/Electricity
      • Small Business
      • VOIP Solutions
      • Tech industry tried reducing AI’s pervasive bias: Trump canceled

        Associated Press, May 1, 2025
      • As AI nurses reshape hospital care, human nurses are pushing back

        Associated Press, March 20, 2025
      • New e-book explores ‘The impact of AI in business’

        S. Florida Times, October 17, 2024
    • Education
      • Classes
      • College
      • Degree
      • FIU
      • HBCU
      • High school
      • Online classes
      • Miami-dade
      • FAMU selects new president: Lobbyist with ties to DeSantis

        Associated Press, May 22, 2025
      • High School Voter Registration Drive kicks off for 2025

        Staff Report, April 3, 2025
      • Historian Sanders to virtually discuss Black history book

        David Snelling, February 3, 2025
    • SoFLO Live
      • Calendar
      • Entertainment
      • Fashion
      • Food
      • Books
      • Music
      • Movies
      • ‘Imagination Unchained’ offers powerful Juneteenth tribute

        Staff Report, May 22, 2025
      • Finally back in NBA Eastern finals, Knicks face Pacers who eliminated them last year

        S. Florida Times, May 22, 2025
      • Haitian Heritage Month 2025

        S. Florida Times, May 22, 2025
    • Health
      • Kids Nutrition
      • Health Jobs
      • Insurance
      • Weight Loss
      • Pet Health
      • Too busy to get fit? Here’s how to work exercise into your packed schedule

        Associated Press, May 15, 2025
      • Some support criminal charges for women who get abortions

        S. Florida Times, May 8, 2025
      • Dominican Republic under fire for deporting pregnant women to Haiti

        S. Florida Times, May 1, 2025
    • Sports
      • Close games, heroic moments become NBA playoffs norm

        Associated Press, May 8, 2025
      • Deciphering reasons behind Shedeur Sanders’ stunning free fall in the NFL draft

        Associated Press, May 1, 2025
      • Clayton Jr.’s defensive stop gives Florida 3rd national title with 65-63 win over Houston

        S. Florida Times, April 10, 2025
    • Special Sections
      • Hurricane Guide
      • Summer Camp Guide
      • Back To School
      • Black History
      • Business & Finance
      • Martin Luther King Jr.
      • Mother’s Day
      • Women’s History
      • Season of the Arts
      • Mae Reeves used hats to fuel voter engagement, business

        S. Florida Times, March 27, 2025
      • Middle age, when women are vulnerable to eating disorders

        S. Florida Times, March 27, 2025
      • Nikki Baker: Leading the 67th annual NANBPWC assembly

        S. Florida Times, March 6, 2025
    • Obituaries
      • Funding Arts Broward awards a record $405,000

        Staff Report, May 22, 2025
      • Israel says it will allow ‘basic’ aid into Gaza after months of humanitarian crisis blockade

        Associated Press, May 22, 2025
      • Former Springboks winger Cornal Hendricks dies age 37

        S. Florida Times, May 22, 2025

    ‘Imagination Unchained’ offers powerful Juneteenth tribute

    Staff Report, May 22, 2025

    New Florida law stiffens false 911 calls penalties

    David Snelling, May 22, 2025

    Former Dolphins defensive lineman Randy Crowder dies at 72

    David Snelling, May 22, 2025

    Libraries cutting back staff, services after Trump’s order

    S. Florida Times, May 22, 2025

    Detained Haitian immigrant woman had U.S. legal status

    S. Florida Times, May 22, 2025

    FAMU selects new president: Lobbyist with ties to DeSantis

    Associated Press, May 22, 2025

    For final ‘Mission: Impossible,’ latest villain is – what else? – AI

    S. Florida Times, May 22, 2025

    Finally back in NBA Eastern finals, Knicks face Pacers who eliminated them last year

    S. Florida Times, May 22, 2025
    Gas/Electricity

    BMW in top leadership shake-up


    SHARE ON:
    Associated Press — December 9, 2014
    By DAVID McHUGH

    FRANKFURT, Germany — BMW shook up its top leadership Tuesday, saying that CEO Norbert Reithofer would leave his post to become chairman of the board as part of “generational change” at the head of the German luxury automaker.

    The end of Reithofer’s tenure as CEO, combined with the departure of a key manager for rival Volkswagen, means significant turnover in the executive team at the Munich-based maker of the X5 sport utility and the 3-Series sedan.

    Reithofer, 58, is to be replaced by 49-year-old BMW production executive Harald Krueger.

    The company said the changes were “steps taken to initiate a generational change” in the CEO and chairman’s jobs.

    Shaking things up further for BMW, Volkswagen announced it had poached top BMW executive Herbert Diess.

    Diess, 56, held the crucial post of product development — responsible for renewing the model lineup that the company’s business depends on. He will now take charge of the Volkswagen brand for Wolfsburg-based VW, whose brands also include Audi, Skoda, SEAT and Lamborghini. VW called Diess “one of the most capable minds in the automotive industry.”

    By taking over the flagship brand, Diess was immediately seen as a potential successor to Volkswagen AG CEO Martin Winterkorn. He will not take his new post until Oct. 1, Volkswagen said.

    BMW said it was replacing Diess as development head with 54-year-old Klaus Froehlich, who most recently was in charge of small and medium-sized models.

    Reithofer has headed BMW since 2006 and has seen it through steady profits, strong margins and expansion of its business in China.

    His replacement as CEO, Krueger, joined the company as a trainee in 1992 and worked his way through several top jobs. He was responsible for the company’s MINI brand and its motorcycles before becoming production chief in 2013. He has also been project engineer for the plant in Spartanburg, South Carolina, in the 1990s and director of engine production at Hams Hall in the U.K.

    The Munich-based company said in a statement that Reithofer will replace board chairman Joachim Milberg, 71, at the shareholder meeting on May 13.

    Shares in BMW, or Bayerische Motoren Werke AG, were off 1.6 percent at 89.23 euros amid generally falling shares in afternoon trading in Europe.

     

    Tags: BMW

    Next post Obama confronts Bush legacy with report's release

    Previous post Obama says he hopes Senate CIA torture report helps leave torture techniques in the past

    Associated Press

    About the Author Associated Press

    No Comment

    Leave a reply Cancel reply

    You must be logged in to post a comment.





    "Elevating the dialogue"Headline News

    South Florida Times

    New Florida law stiffens false 911 calls penalties

    David Snelling, May 22, 2025
    Around South FloridaBlack NewsFloridaLocal NewsNews

    Former Dolphins defensive lineman Randy Crowder dies at 72

    David Snelling, May 22, 2025
    Around South FloridaBlack NewsFloridaLocal NewsNews

    Ice cream maker issues recall with concerns about plastic

    Associated Press, May 22, 2025
    News

    Georgia’s new voting maps still harm Black voters’ rights

    Associated Press, May 22, 2025
    News

    Congressional Black Caucus Foundation and Joint Center release Black Policy Playbook

    S. Florida Times, May 22, 2025
    News

    South Florida Times

    The most influential African American weekly newspaper in South Florida

    Beatty Media LLC

    Follow Us

    South Florida Times

    3,048
    followers
    4,966
    followers

    Videos

    South Florida Times

    Home values for Black Families

    Staff Report, March 23, 2022
    Local NewsNewsVideos
    Copyright 2020 Beatty Media, LLC.
    ↑ Back to top