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Reithofer Stepping Down as BMW CEO in May

BERLIN, Dec 9 (Reuters) - Norbert Reithofer will step down early as chief executive of German carmaker BMW in May of next year and be replaced by Harald Krueger, the company's 49-year old production chief.

The Munich-based carmaker announced the surprise changes in a statement on Tuesday. Reithofer, who has run BMW since 2006, is slated to succeed Joachim Milberg as chairman of the company's supervisory board, BMW said. (Reporting by Andreas Cremer; Editing by Noah Barkin)