Election of employee representatives to the Supervisory Board of Daimler AG
STUTTGART, Germany, March 13, 2013 /PRNewswire/ -- More than 1,100 voting delegates of the Daimler Group's operating units came together today at the Messe Stuttgart (Stuttgart Trade Fair Center) to elect the ten members of the Supervisory Board of Daimler AG representing the employees (seven employees of the Group including one representative of the senior management and three trade-union representatives).
As a result of the election, some of the members of the Supervisory Board representing the employees will remain in office: The following persons were reelected Erich Klemm, Michael Brecht, Juergen Langer, and Joerg Spies. The following persons were elected for the first time Elke Toenjes-Werner and Wolfgang Nieke.
As trade-union representatives, Joerg Hofmann was reelected and Sabine Maassen was elected as a new member of the Supervisory Board. Valter Sanches will also continue to be a member of the Supervisory Board of Daimler AG as a trade-union member from outside Germany. Dr. Frank Weber was elected to the Supervisory Board for the first time and will represent the senior management in the new Supervisory Board period. Elke Toenjes and Sabine Maassen who have been newly elected are the first women to be employee representatives in the Supervisory Board.
The Supervisory Board is composed of ten members representing the shareholders and ten members representing the employees. Elections are held for the Supervisory Board members of the employee side every five years.
The items of the agenda of the Annual Shareholders' Meeting to be held in Berlin on April 10, 2013 include the reelection of two members representing the shareholders, Sari Baldauf and Dr. Juergen Hambrecht, and the first-time election of Andrea Jung, also representing the shareholders. Immediately after the Annual Shareholders' Meeting, the Supervisory Board will elect one of its members as the Deputy Chairman of the Supervisory Board. In addition, the committee memberships of the newly elected Supervisory Board members are to be decided.
The period of office of the newly elected Supervisory Board members starts after the end of the Annual Shareholders' Meeting in 2013 and finishes with the end of the Annual Shareholders' Meeting in 2018.
Daimler AG is one of the world's most successful automotive companies. With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the Daimler Group is one of the biggest producers of premium cars and the world's biggest manufacturer of commercial vehicles with a global reach. Daimler Financial Services provides financing, leasing, fleet management, insurance and innovative mobility services.The company's founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886. As a pioneer of automotive engineering, Daimler continues to shape the future of mobility today: The Group's focus is on innovative and green technologies as well as on safe and superior automobiles that appeal to and fascinate its customers. For many years now,Daimler has been investing continually in the development of alternative drive systems with the goal of making emission-free driving possible in the long term. So in addition to vehicles with hybrid drive, Daimler now has the broadest range of locally emission-free electric vehicles powered by batteries and fuel cells. This is just one example of how Daimler willingly accepts the challenge of meeting its responsibility towards society and the environment. Daimler sells its vehicles and services in nearly all the countries of the world and has production facilities on five continents. Its current brand portfolio includes, in addition to the world's most valuable premium automotive brand, Mercedes-Benz, the brands smart, Freightliner, Western Star, BharatBenz, Fuso, Setra and Thomas Built Buses. The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock exchange symbol DAI). In 2012, the Group sold 2.2 million vehicles and employed a workforce of 275,000 people; revenue totaled €114.3 billion and EBIT amounted to €8.6 billion.
SOURCE Daimler Corporate Communications