Posted by: David Kiley on March 13, 2008
The departure of Stefan Krause, the BMW board member in charge of sales and marketing, is a blow to the German carmaker.
I sat next to Krause at dinner at the Detroit Auto Show last January, and had heard from many sourcves in and out of BMW that Krause was a lock to be CEO at BMW. He certainly comes across that way. Reporters tend to know future CEOs when we see them. And Krause was the goods. Smart, visionary, a numbers animal and charm to spare. That’s a rare combo.
Krause, 45, is leaving to become CFO at Deutsche Bank, where he is now a candidate to eventually become CEO.
Krause is replaced by Ian Robertson, 49, who also remains CEO of BMW’s luxury brand Rolls-Royce until a successor is found.
Krause was BMW’s CFO before the company announced in September as that he would swap jobs with then-sales chief Michael Ganal starting last October.