MUNICH – German champions Bayern Munich announced a changing of the guard on Friday, with former captain Oliver Kahn returning as a board member next year and as chief executive in 2022, while long-time president Uli Hoeness confirmed his departure.
Hoeness announced his retirement after almost half a century at the club as a player, general director and president on the same day the Bavarians appointed another successful former player to succeed current chief executive Karl-Heinz Rummenigge.
Kahn, nicknamed ‘the Titan’ who won eight league titles between 1994 and 2008 with the Bavarians, signed a five-year contract after the board voted unanimously in favour of the move in Thursday’s meeting.
“It is a great honour to initially become a member of the board, and then take over the chairman role at Bayern Munich,” the 50-year-old Kahn, a former Germany goalkeeper and captain, said in a statement.
“I am deeply linked with the club that has marked my life considerably.”