BMW plays waiting game on extending Panke contract

Newswire

By Jens Hack MUNICH, March 30 (Reuters) - BMW Chief Executive Helmut Panke has signalled he wants to stay on past the standard retirement age of 60, but at least part of the carmaker's supervisory board is reluctant to extend his contract past 2007. "I like being captain," Panke, who turns 60 in August, told an analyst conference this month when asked about media reports that BMW would break with tradition and give the trained nuclear physicist and former McKinsey consultant a fresh term ...

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