BMW makes executive changes in Brazil, Europe
The BMW group has appointed Aksel Krieger as its new CEO in Brazil, taking over the position of Helder Boavida which will move on to be CEO in the Nordic and Baltic regions.
Krieger, which will assume his new position in February 2019, was formerly CEO of Brilliance-BEA Auto Finance Co. in Shangai and previously held the titles of BMW CFO in Brazil and South Africa, as well as other positions.
Mr. Krieger will report to Alexander W. Wehr who heads BMW operations in Mexico, Latin America and the Caribbean, news portal Automotive Business reported.
As for Mr. Boavida, he wil head operations in Denmark, Finland, Norway, Estonia, Latvia, and Lithuania, as well as the company’s headquarters in Sweden.