Bayern Munich announced the departure of Karl-Heinz Rummenigge from his position as CEO at the end of this month, to be succeeded by Oliver Kahn.
In its statement on the official website, the Bavarian club said: “A very successful era is coming to an end at Bayern Munich. At his own request and in close consultation with President and Chairman of the Supervisory Board Herbert Hainer and the Supervisory Board, Karl-Heinz Rummenigge will retire from his position as CEO of Bayern Munich, effective from June 30, 2021”.
Rummenigge leaves office 6 months before the end of his contract, while the former goalkeeper will take over the task after having been a member of the club’s board of directors since January 2020.
“It is the most logical and strategically logical time,” Rummenigge said in a statement.
“It is the end of the financial year and at the same time a new phase begins with the training of a new team. The new season should be the responsibility of Oliver Kahn as the new CEO from the beginning.”
“I said two years ago that we are planning a wise transition, and now it is finally happening. This is how it should be.”
Rummenigge, 65, spent the last 30 years working with Bayern Munich after his playing career ended.
Rummenigge wore the Bavarian shirt between 1974 and for 10 years, winning 7 titles, then playing for Italian Inter and Swiss Servet.
On the other hand, Oliver was one of the historical guards who wore the Bavarian shirt from 1994 to 2008.
The German goalkeeper won 22 titles in the Bavarian shirt.