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PressClub USA · Article.
DR MICHAEL GANAL PASSES AFTER SEVERE ILLNESS
Mon Dec 08 15:45:00 CET 2008 Press Release
Dr. Michael Ganal, Member of the Board of Management of BMW AG, passed away early Friday morning last week at the age of 54 after a severe illness. He had been a Member of the Company's Board of Management since October 2000 and was last responsible for the Finance Division in his position as Chief Financial Officer.
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Jan Ehlen
BMW Group
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Munich. Dr. Michael Ganal, Member of the Board of Management of BMW AG, passed
away early Friday morning last week at the age of 54 after a severe illness. He
had been a Member of the Company's Board of Management since October 2000 and
was last responsible for the Finance Division in his position as Chief
Financial Officer.
Professor Joachim Milberg, Chairman of the Supervisory Board of BMW AG: "The
news of Dr. Ganal's death has painfully torn apart our great hopes that he
would be able to recover from his severe illness and resume his position on the
Board of Management of BMW AG. We are losing not only an outstanding leader and
a strong personality, but also and in particular a man who in recent years has
contributed decisively to the success and the culture of our Company. Until the
end he fought against his illness with all the power of his strong will and
with sheer unflinching energy. On behalf of the Supervisory Board and the
share-holders of the company I wish to express our deepest, heartfelt sympathy
to Dr. Ganal's family."
Dr. Ganal joined BMW AG in 1986 and was appointed a Member of the Board of
Management in October 2000, where initially he was responsible for the Sales
and Marketing Division. At the time he played a leading role in successfully
implementing a product and market initiative quite unparalleled in the history
of the company. Since October 2007 Dr. Ganal had been in charge of the Finance
Division.
The Chairman of the Board of Management of BMW AG, Dr. Norbert Reithofer, has
taken notice of Dr. Ganal's death with great regret: "Dr. Ganal was an
absolutely outstanding man through his profound expertise and his strong power
of getting things done. He was a fascinating leader of people and a top
executive in the most positive sense of the word. This enabled him not only to
convince colleagues, employees and customers of his cause, but rather to
genuinely thrill them and win them over. "
Speaking on behalf of the Employees' Representatives, Manfred Schoch, the
Chairman of the Overall Works Council of BMW AG, expressed an equally clear
opinion: "Through the death of Dr. Ganal we are losing a self-confident and
open partner. In all our professional debates and points of contention he
always remained absolutely straightforward and firmly on the ground - and even
in challenging times he always kept his focus on the concerns and worries of
all the employees of the company."
For questions, please contact:
Corporate and Governmental Affairs
Michael Rebstock, Business Communications
Tel: +49 89 382-20470, Fax: +49 89 382-24418
Eckhard Wannieck, Financial Communications
Tel: +49 89 382-28042, Fax: +49 89 382-24418
Media website: www.press.bmwgroup.com
E-mail: presse@bmwgroup.com