Oliver Kahn has signed a five-year contract, effective 1 January 2020. Initially, the former FC Bayern captain, currently a businessman and entrepreneur, will serve as a member of the board. When Karl-Heinz Rummenigge’s contract expires on 31 December 2021, Oliver Kahn will take over from him as chairman and CEO.

Oliver Kahn said: “It is a great honour for me that I will first be entrusted with the office of FC Bayern München AG board member and later with the office of CEO and chairman of the FC Bayern München AG Executive Board.