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PressClub USA · Article.
Dr. Horst Teltschik reaches retirement age and leaves the BMW Board
Wed Jun 07 12:00:00 CEST 2000 Press Release
Dr. Teltschik will remain as a consultant and as head of the Herbert Quandt Foundation; Public Affairs and the political contacts offices will be assigned to Corporate Communications, which reports to the Chairman of the Board
Press Contact.
Martha McKinley
BMW Group
Tel: 123
Fax: 201-573-8416
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Author.
Martha McKinley
BMW Group
Munich. Dr. h.c. Horst Teltschik will be reaching his 60th birthday on 14 June
2000, and will thus be leaving the Board of BMW AG at the end of the month; he
will continue to be active for BMW as the Board's representative for Central
and Eastern Europe, Asia and the Middle East, and as Chairman of the Board of
the Herbert Quandt Foundation.
Dr. Teltschik has been a member of the Board of BMW AG since 1 January 1993; he
is responsible for the Business and Political Affairs Department, which was
created when he was appointed. After his departure from the BMW Board, the
Public Affairs section and the political contacts offices in Berlin / Bonn,
Brussels, Washington and London will report to the Chairman of the Board at
BMW, and will be answerable to the Director of BMW's Corporate Communications,
Richard Gaul (53). Gaul's areas of responsibility will continue to cover
communication strategies, product and engineering communication, economic and
corporate affairs and PR programs. This new structure reflects BMW's intent to
take into account the increasing significance of these areas.
Horst Teltschik's political career - which included posts as Chief of Division
in the Chancellor's Office and Head of the Department for Foreign and Internal
Relations - reached its high point with the opening up of the East. In the
phase of détente between East and West, he was one of the people driving this
development forward, gaining support through his open, expert,
confidence-building dialogue.
Professor Joachim Milberg, Chairman of the Board at BMW AG, paid tribute to his
colleague's work by saying, "Horst Teltschik knows more than anyone else how to
create a fruitful dialogue between commerce and politics. We have learned much
about the world of politics from him, and he has been able to pass on many of
our ideas and concerns to politicians." As regards Dr. Teltschik's hard work in
opening up new markets for the BMW Group, Milberg also added, "It is an
accepted fact that it is very largely thanks to Dr. Teltschik's intuition that
we are in such a healthy position today throughout Asia, especially China, but
also in Eastern Europe. I am thinking particularly of the factory in
Kaliningrad, which we would never have been able to develop in this form and,
above all, in such a short time without Dr. Teltschik's connections."
The titles that Dr. Teltschik has been awarded throughout his life are a clear
reflection of the esteem and reputation that he enjoys all over the world:
amongst others, he has been awarded Honorary Doctorates by Sogang University in
Seoul and the University of Budapest, he is the Honorary General Consul of
India for Bavaria and Thuringia, a member of the German-Japanese Dialogue Forum
and a member of the German-Indian Consultancy Group.
Horst Teltschik will now devote himself to providing the company with his
consultancy services and to being head of the Herbert Quandt Foundation, which
he has been running since 1993 alongside his Board duties. The goal adopted by
the Foundation is to encourage global political dialogue through suitable
programs and events.
Contact:
Uwe Mahla, BMW AG
Phone: (49) 89 / 382-23021