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TheStreet Open House

Board Of Daimler AG Extends Contract With Dr. Christine Hohmann-Dennhardt By Three Years

STUTTGART, Germany, April 24, 2013 /PRNewswire/ --

  • New contract as Member of the Board of Management for Integrity and Legal Affairs until February 28, 2017
  • Dr. Manfred Bischoff: "We are delighted to continue the excellent work with Dr. Christine Hohmann-Dennhardt in the Board of Management of Daimler AG. Under her leadership, Daimler has achieved a top position with regard to integrity and compliance."

In its meeting today, the Supervisory Board of Daimler AG extended the contract of Dr. Christine Hohmann-Dennhardt, a member of the Board of Management of Daimler AG, until February 28, 2017.

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

Dr. Christine Hohmann-Dennhardt has been the Member of the Board of Management of Daimler AG for Integrity and Legal Affairs since February 16, 2011. Her area of responsibility covers the Group's legal departments, compliance organization and data protection. Responsibility for respecting and maintaining human rights and for the sustained anchoring of a culture of integrity is also in her area.

"We are delighted to continue the excellent work with Dr. Christine Hohmann-Dennhardt in the Board of Management of Daimler AG. Dr. Hohmann-Dennhardt has anchored integrity as a fixed element of our corporate culture at Daimler. Under her leadership, the company has achieved a top position with regard to integrity and compliance," stated Dr. Manfred Bischoff, Chairman of the Supervisory Board of Daimler AG.

Christine Hohmann-Dennhardt's contract would have expired in February 2014. In accordance with Section 84 Subsection 1 of the German Stock Corporation Act (AktG), the Supervisory Board decides on a reappointment after the beginning of the last year of each Board of Management member's last year of office.

Christine Hohmann-Dennhardt was born in Leipzig on April 30, 1950. She studied jurisprudence in Tübingen and concluded her studies in 1975 with the second state examination. In the same year, she became a lecturer in social law at the University of Hamburg. Dr. Hohmann-Dennhardt gained her doctorate in law at the Goethe University in Frankfurt am Main in 1979.

Positions held to date:

  • Judge at the Federal Constitutional Court (First Senate), 1999
  • Minister for Science and the Arts, State of Hessen, 1995
  • Minister of Justice, State of Hessen, 1991
  • Department head for social affairs, youth and housing, City of Frankfurt am Main, 1989
  • Deputy judicial member of the Constitutional Court of the State of Hessen, 1988
  • Director of the Social Court, Wiesbaden, lecturer at the Goethe University in Frankfurt am Main, 1984
  • Judge at the Social Court, Frankfurt am Main and Wiesbaden, and at the State Social Court, Darmstadt, 1981
  • Assistant at the Institute for Labor Law of the Goethe University in Frankfurt am Main, lecturer at the Labor Academy, 1977

Curriculum vitae and photograph can be found on Daimler's website at http://media.daimler.com/ms/board.

Further information from Daimler is available at: www.media.daimler.com and www.daimler.com

This document contains forward-looking statements that reflect our current views about future events. The words "anticipate," "assume," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a decline of demand in our most important markets; a worsening of the sovereign-debt crisis in the euro zone; a deterioration of our funding possibilities on the credit and financial markets; events of force majeure including natural disasters, acts of terrorism, political unrest, industrial accidents and their effects on our sales, purchasing, production or financial services activities; changes in currency exchange rates; a shift in consumer preference towards smaller, lower margin vehicles; or a possible lack of acceptance of our products or services which limits our ability to achieve prices as well as to adequately utilize our production capacities; price increases in fuel or raw materials; disruption of production due to shortages of materials, labor strikes, or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization measures; the business outlook of companies in which we hold a significant equity interest; the successful implementation of strategic cooperations and joint ventures; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending governmental investigations and the conclusion of pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under the heading "Risk Report" in Daimler's most recent Annual Report. If any of these risks and uncertainties materialize, or if the assumptions underlying any of our forward-looking statements prove incorrect, then our actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward looking statements. Any forward-looking statement speaks only as of the date on which it is made.

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