Michael Brecht to succeed Stefan Schwaab in the Daimler Supervisory Board
STUTTGART, Germany, June 22, 2012 /PRNewswire/ -- Michael Brecht (born on July 2, 1965) has been appointed as a member of the Supervisory Board of Daimler AG representing the employees with effect as of July 1, 2012. The Stuttgart District Court (Registration Court) has accepted a request submitted by Daimler in this matter. Michael Brecht is Chairman of the Works Council of the Mercedes-Benz plant in Gaggenau and a member of the General Works Council of Daimler AG.
In the Supervisory Board, Michael Brecht succeeds to Stefan Schwaab (born on May 9, 1952), who also holds the position of Deputy Chairman of the Works Council in Gaggenau. Stefan Schwaab is to retire on June 30, 2012, and will thus also step down as a member of the Daimler Supervisory Board representing the employees as of that date.
A curricula vitae and photograph of Michael Brecht at: http://media.daimler.com/ms/jun2012/e
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, Maybach, Freightliner, Western Star, BharatBenz, Fuso, Setra, Orion and Thomas Built Buses. The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock exchange symbol DAI). In 2011, the Group sold 2.1 million vehicles and employed a workforce of more than 271,000 people; revenue totaled euro 106.5 billion and EBIT amounted to euro 8.8 billion.
SOURCE Daimler Corporate Communications