The President of BMW Canada, Franz Jung, will be replaced by Manfred Braunl effective January 1, 2011. Franz Jung will move to a new position as President of BMW Italy. Braunl is a well established executive at BMW who both worked for BMW Canada and in Germany. According to Jim O’Donnell, President of BMW of North America, LLC: “Manfred has significant Canadian experience which will help us sustain our momentum in this market. We’re delighted to welcome him back to North America to support BMW’s strong position within the Canadian automotive landscape. Franz has distinguished himself during his tenure at BMW Group Canada, helping the company retain its leadership of the premium segment in a very competitive marketplace. We wish Franz the very best in his new role in Italy, and will always consider him a part of the North American team.”
The BMW Group has indeed embraced change as it moves to new and better strategies for the company’s growth.