Former Germany goalkeeper and then-CEO Oliver Kahn was also relieved of duties on Saturday evening with the dust still settling on a dramatic finale to the season. He made more than 350 appearances for Bayern, and was once a team-mate of Salihamidzic.
Both Kahn and Salihamidžić had been under pressure following Bayern's dip in form this season. The Bundesliga title race was the closest in years after Bayern had comfortably won the previous 10, while there were quarterfinal exits in both the Champions League and German Cup.
Vice-chairman Jan-Christian Dreesen will take over from Kahn, while Salihamidzic’s replacement is yet to be appointed.