Supervisory Board of Daimler AG extends contracts of Dr. Dieter Zetsche and Prof. Dr. Thomas Weber

Don't Copy From This Blog...

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.

Credits: Daimler AG

Copyright © 2013, mercedesgla. All rights reserved.

Read More

Supervisory Board of Daimler AG extends contract with Dr. Wolfgang Bernhard

Don't Copy From This Blog...

In its meeting today, the Supervisory Board of Daimler AG extended the contract of Dr. Wolfgang Bernhard, a member of the Board of Management of Daimler, until February 28, 2018.

Dr. Wolfgang Bernhard has been a member of the Board of Management of Daimler AG since February 18, 2010. In that function, he is responsible for Manufacturing and Procurement Mercedes-Benz Cars and for the entire Mercedes-Benz Vans division.

“We look forward to continuing the excellent cooperation with Wolfgang Bernhard in the Board of Management of Daimler AG and as a member of the Mercedes-Benz Cars team. This management continuity is important for the ongoing consistent implementation of the division’s strategy and for the achievement of our corporate goals,” stated Dr. Manfred Bischoff, Chairman of Daimler’s Supervisory Board.

Wolfgang Bernhard’s contract of service would have expired in February 2013. Pursuant to Section 84 Subsection 1 of the German Stock Corporation Act (AktG), the Supervisory Board decides on reappointment after the beginning of the last year of a Board of Management member’s current period of office.

Dr. Bernhard was born in Böhen (in Germany’s Allgäu region) on September 3, 1960. After completing high school in Bavaria, he studied at the Technical University of Darmstadt from 1980 until 1986, graduating as an industrial engineer with the special subject of electrical engineering. From 1987 until 1988, he studied at Columbia University in New York, where he gained an MBA (Master of Business Administration). After that, he studied at the Johann Wolfgang Goethe University in Frankfurt from 1988 until 1990, obtaining a doctorate on the subject of international exchange-rate risks. 

Previous positions at the company:
- Head of the Mercedes-Benz Vans division, 2009

- Member of the Board of Management, COO Chrysler Group, DaimlerChrysler AG, 2002 – 2004

- Deputy Member of the Board of Management, COO Chrysler Group, DaimlerChrysler AG, 2000

- Chairman of the Management, Mercedes-AMG GmbH, 1999

- Center Manager for S-Class Assembly at the Sindelfingen plant and responsible for the start of the new S-Class, 1994

- Project Manager for reducing material costs and increasing productivity at the assembly plants of Mercedes-Benz AG, 1992 – 1993

Credits: Daimler AG

Copyright © 2012, mercedesgla. All rights reserved.

Read More