This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Supervisory Board Of Daimler AG Appoints Dr. Christine Hohmann-Dennhardt To The Board Of Management And Extends Contract Of Bodo Uebber

Stocks in this article: DDAIF

STUTTGART, Germany, Feb. 15, 2011 /PRNewswire/ -- In its meeting today, the Supervisory Board of Daimler AG appointed Dr. Christine Hohmann-Dennhardt as a member of the Board of Management in the newly created position with responsibility for Integrity and Legal Affairs for the period of February 16, 2011 until February 28, 2014. Her responsibilities will include the global compliance and legal organization, business ethics and the continued sustained anchoring of integrity and compliance throughout the entire company. The Supervisory Board has thus expanded the Board of Management to seven members, as previously announced on September 28, 2010.

(Logo:   http://photos.prnewswire.com/prnh/20080409/NYW017LOGO )

In the same meeting, the Supervisory Board also extended the contract of service of Bodo Uebber, member of the Board of Management of Daimler AG responsible for Finance & Controlling and Daimler Financial Services, until December 31, 2014.

"Daimler strives to set the highest standards for compliance and integrity. The career of Dr. Hohmann-Dennhardt both as a judge and in positions with political responsibility is a good example of personal integrity and outstanding competence. This background and her leadership experience in other areas of society will enable her to make a significant contribution to help us achieve our goals. We are also extremely pleased that we can continue the excellent cooperation with Bodo Uebber," stated Dr. Manfred Bischoff, Chairman of Daimler's Supervisory Board.

Dr. Christine Hohmann-Dennhardt, born on April 30, 1950 in Leipzig, was a judge of the First Senate of the Federal Constitutional Court from January 1999 until February 2011. She was Hesse Minister of Science and the Arts from 1995 until 1999, and Hesse Minister of Justice from 1991 until 1995. Before that, she was director of the social court in Wiesbaden as well as a judge at the Social Courts of Frankfurt am Main, Wiesbaden and at the District Social Court in Darmstadt. She gained a doctorate in law at the Johann Wolfgang Goethe University in Frankfurt.

The Supervisory Board has extended the contract of Bodo Uebber until December 31, 2014. Bodo Uebber has been a member of the Board of Management of Daimler AG since December 16, 2003, and in this function has been responsible for Finance and Controlling and the Daimler Financial Services division since December 16, 2004. He is also Chairman of the Board of Directors of the European Aeronautic Defence and Space Company (EADS N.V.).

Bodo Uebber's contract would have expired in December 2011. Pursuant to Section 84 Subsection 1 of the German Stock Corporation Act (AktG), the Supervisory Board passes a resolution on a reappointment to the Board of Management after the beginning of the last year of a member's current period of office. The extension for three years as of January 1, 2012 is in line with Daimler's policy of concluding contracts of service with the Board of Management members for periods of three years; this applies to initial appointments as well as reappointments.

Curricula vitae and photographs can be found on Daimler's website: http://media.daimler.com/ms/vorstand

Further information on Daimler is available on the Internet: www.media.daimler.com

About Daimler

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 its customers with a full range of automotive financial services including financing, leasing, insurance and fleet management.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,794.54 -15.52 -0.09%
S&P 500 2,067.14 +3.64 0.18%
NASDAQ 4,747.4140 +34.4440 0.73%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs