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October 18, 2004

GERMANY: Rolls-Royce head quits BMW

Rolls-Royce chairman and CEO Karl-Heinz Kalbfell has resigned to “take over new responsibilities outside the BMW Group”.

By bcusack

Rolls-Royce chairman and CEO Karl-Heinz Kalbfell has resigned to “take over new responsibilities outside the BMW Group”.

Stefan Krause, BMW board member responsible for finance, will head the prestige brand until a successor to Kalbfell is named.

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