BMW hires Daimler exec to head financial services

Newswire

FRANKFURT, Sept 30 (Reuters) - German premium carmaker BMW has hired a former DaimlerChrysler executive to head its financial services division, BMW said on Thursday. Georg Bauer, 53, will replace Hagen Luederitz as division chief effective Oct 1. Luederitz will retire from the company. Bauer, who spend 25 years at Daimler, last served as manangement board member at DaimlerChrysler Services AG, where he was responsible for most of the unit's financial services business, its fleet ...

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