Rolls-Royce CEO Torsten Muller-Otvos Retires After 14 Years
After 14 years in the position successfully, Torsten Müller-tvös will step down as Rolls-Royce Motor Cars' Chief Executive Officer (CEO) on November 30, 2023.
Chris Brownridge, the current CEO of BMW UK, will take over for Torsten, who joined Rolls-Royce Motor Cars in 2010.
Torsten, who retires as the chief executive with the longest tenure since Claude Johnson, commented on the news:
“Leading Rolls-Royce for almost 14 years has been the greatest privilege and pleasure of my professional life. To have grown the company and its world-class people to the position it is in today, at the pinnacle of the luxury industry, has been a remarkable adventure.
“I am proud of the role my exceptional team and I have played in contributing significantly to the UK economy and to the global recognition of Britain’s ability to produce the world’s best luxury products.”
Under Torsten's direction, Rolls-Royce's annual sales increased from about 1,000 cars in 2009 to over 6,000 in 2022. The company also added new models to its product lineup that sold quickly and expanded its Bespoke and coachbuilt offerings.
Rolls-Royce Motors debuted the Wraith, Dawn, Cullinan, the brand's first SUV, and the all-electric Spectre Coupe during his tenure. Prior to his appointment in 2010, only the Phantom and Ghost were produced at Goodwood.
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Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
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