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Executive Transactions

Bayern Munich named three new members to its supervisory board during its annual general meeting on Monday. The three newly elected members are Allianz Germany CEO MARKUS REIß, Bayern Munich SVP RUDOLF SCHELS and UniCredit board member THEODOR WEIMER (Bayern Munich). ... Lotte Group Chair SHIN DONG-BIN took the Korea Ski Association's presidential post which has been vacant for a year. The KSA said its "17 present members out of 18-people general assembly approved Shin," who ran unopposed. This is the "first time that the 59-year-old tycoon took the chief post of a sports association." He has been serving as the Federation of Korean Industries Vice President and Korea-Japan Economic Association VP (KOREA TIMES, 11/11). ... Former Japanese men's national football coach TAKESHI OKADA has become the owner of FC Imabari in the regional Shikoku football league. He acquired a 51% stake in the team's operation. The amateur club launched as Onishi Soccer Club in '76 (YOMIURI SHIMBUN, 11/11).

COACHES/MANAGERS: Liga MX side Veracruz announced that it has dismissed coach CRISTOBAL ORTEGA and hired CARLOS REINOSO as his replacement (LA AFICION, 11/10). ... Uruguayan side Peñarol named PAOLO MONTERO its new coach. Montero replaces JORGE FOSSATI, who resigned on Monday after the club's 2-1 loss to Nacional (TELAM, 11/11). ... Former ManU Manager DAVID MOYES has been named manager of La Liga side Real Sociedad. It is the 51-year-old's first job since he was "sacked as United manager in April after a 10-month spell in charge." Moyes replaces JAGOBA ARRASATE, who was dismissed after a "poor run of form which currently sees them lie 15th in La Liga" (BBC, 11/11). ... Swedish coach SVEN-GORAN ERIKSSON has quit his job as manager of Chinese Super League club Guangzhou. The club announced that the Swedish int'l "would not renew a contract." Eriksson, who joined Guangzhou in June '13, is "reportedly talking with a Shanghai-based club to continue his career in China" (CHINA DAILY, 11/10).
 
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