Herbert Hainer has been confirmed as the new president of Bayern Munich.
The former Adidas CEO was nominated by Uli Hoeness as his successor in August when the former Bayern star announced he would be stepping down.
The 67-year-old, who will continue in his role with the club’s supervisory board until November 2023, has been associated with Bayern for 49 years.
Hoeness was a prominent player until injury forced him to retire at the age of 27, after which he took over as the club’s general manager.
His presidency has brought about 21 major trophies, including the treble of 2012-13 and seven Bundesliga titles in a row.