BMW CEO In Stable Condition After Auto Show Collapse

BMW CEO Collapses

BMW AG was forced to stop a recent press conference at the Frankfurt International Motor Show after Chief Executive Officer (CEO) Harald Krueger collapsed on stage.

The company revealed on Monday that the 49-year-old CEO was being treated by a doctor immediately following the “moment of dizziness.”

BMW spokesman Maximilian Schoeberl said in a statement that the CEO’s condition is stable and he’s recovering well.

Krueger was on-hand at the event to reveal the company’s revamped version of its top-of-the-line 7-Series sedan.Krueger was making his first appearance at the biennial trade event as BMW’s chief.

The company revealed that Krueger hadn’t been feeling well on Tuesday morning.

BMW says a roundtable briefing with journalists scheduled for mid-morning will take place as planned. Chief Financial Officer Friedrich Eichiner will be filling in for Krueger.

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Written by Peter Mondrose

Peter Mondrose

Peter Mondrose is the Editor-In-Chief at BusinessPundit. He received his degree in Economics in 1998 and a second degree in Journalism in 2004. He has served as a financial adviser, market trader, and freelance journalist for the last 11 years. When he's not investigating market conditions and reporting on workplace news, he can be found traveling with his wife, dog, and laptop. He can be reached at PeterMondrose@BusinessPundit.com or (929) 265-0240.