Breaking! Reithofer Named Next CEO Of BMW's House Of Panke

BMW's named production chief Norbert Reithofer to succeed Helmut Panke as top dog at the German carmaker. Reithofer, 50, replaces Panke on Sept. 1 — and has the potential to serve for the next ten years at the helm. That's because BMW's internal rules set 60 as the age limit for C-class executives. Yup, that's right… »7/20/06 10:05am7/20/06 10:05am