Supervisory Board of
Daimler AG extends contracts of Dr. Dieter Zetsche and Prof. Dr. Thomas
Weber
Dr.
Dieter Zetsche
Exchange of Board of
Management responsibilities between Dr. Wolfgang Bernhard and Andreas
Renschler
Three-year
extensions for Dr. Zetsche and Prof. Weber until December 31, 2016
As of April 1,
2013: Andreas Renschler to be responsible for Production and
Purchasing Mercedes-Benz Passenger Cars and Vans, Dr. Wolfgang
Bernhard to be responsible for Daimler Trucks
Dr. Manfred
Bischoff, Chairman of the Supervisory Board of Daimler AG: “With
today’s extensions of the contracts of Dieter Zetsche and Thomas
Weber, we are maintaining the important continuity at the top
executive level.”
Stuttgart – In its meeting today, the
Supervisory Board of Daimler AG passed a unanimous resolution to extend
the contract of service of Dr. Dieter Zetsche, Chairman of the Board of
Management of Daimler AG and Head of Mercedes-Benz Cars, until December
31, 2016. The contract of service of Prof. Dr. Thomas Weber, Board of
Management Member for Group Research and Mercedes-Benz Cars Development,
was also extended until December 31, 2016.
As of April 1, 2013, Andreas Renschler
will assume Board of Management responsibility for production and
purchasing of Mercedes-Benz Passenger Cars & Mercedes-Benz Vans. At the
same time, Dr. Wolfgang Bernhard will assume Board of Management
responsibility for Daimler Trucks.
Dr. Dieter Zetsche has been a member of
the Board of Management of Daimler AG since December 16, 1998 and its
Chairman since January 1, 2006. He is also Head of the Mercedes-Benz
Cars division.
Prof. Dr. Thomas Weber has been a member
of the Board of Management of Daimler AG since January 1, 2004 and is
responsible for Group Research and Mercedes-Benz Cars Development.
Andreas Renschler has been a member of the
Board of Management of Daimler AG and Head of Daimler Trucks since
October 1, 2004. Dr. Wolfgang Bernhard has been a member of the Board of
Management of Daimler AG and Head of Operations Mercedes-Benz Cars since
February 18, 2010.
Dr. Manfred Bischoff: “The long-term
orientation of the Group’s leadership is an essential factor for
Daimler’s sustained success. With today’s extensions of the contracts of
Dieter Zetsche and Thomas Weber, we are maintaining the important
continuity at the top executive level.”
“Dieter Zetsche and the Board of
Management have a clear plan how to further enhance Daimler’s overall
performance together with their team. Dieter Zetsche is distinguished of
course by his great experience, but also by his ability to combine a
feeling for cars with sound engineering knowledge and an entrepreneurial
approach,” continued Dr. Bischoff.
“Research and development are two key
areas in the automobile industry. I am therefore delighted that we will
continue the successful collaboration with Thomas Weber. He will
steadily continue to maintain Daimler’s claim to technological
leadership," stated Dr. Bischoff.
“Wolfgang Bernhard and Andreas Renschler
are two highly experienced members of Daimler’s Board of Management.
With this change, they will both be able to utilize their management
know-how from their previous responsibilities within in their new
functions, thus expanding their own expertise in all automobile areas”
explained Dr. Bischoff.
The contracts of service of Dr. Zetsche
and Prof. Dr. Weber would otherwise have expired in December 2013. In
accordance with Section 84 Subsection 1 of the German Stock Corporation
Act (AktG) and with the Rules of Procedure of the Supervisory Board of
Daimler AG, the Supervisory Board passes a resolution on reappointments
to the Board of Management at the beginning of the last year of a
member’s current period of office.
