Three shareholder representatives stand for election to the Supervisory Board of Daimler AG
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SOURCE Daimler Corporate Communications
STUTTGART, Germany, Feb. 27, 2013 /PRNewswire/ --
Sari Baldauf and Dr. Jurgen Hambrecht stand for reelection
Andrea Jung is first-time candidate for election to the Supervisory Board
Annual Shareholders' Meeting to elect Supervisory Board members representing the shareholders in Berlin on April 10
The agenda of the Annual Shareholders' Meeting of Daimler AG to be held in Berlin on April 10, 2013, was published today. According to the agenda, the Supervisory Board of Daimler AG has nominated Sari Baldauf and Dr. Jurgen Hambrecht for reelection to the Supervisory Board. In addition, the Supervisory Board has proposed Andrea Jung for first-time election as a member of the Supervisory Board. All candidates are nominated for five years. The proposals for election will be made in Berlin on April 10.
Ms. Sari Baldauf (born in 1955) has been a member of the Supervisory Board of Daimler AG since 2008. In addition, she has been a member of the Nomination Committee since 2011. Due to many years of experience as a member of the executive board of Nokia Corporation and as a former vice president and general manager of the Networks Business Group of Nokia Corporation, Ms. Baldauf has great entrepreneurial expertise and international experience.
In addition to her membership of the Supervisory Board of Daimler AG, Sari Baldauf is currently a member of the supervisory board or board of directors of AkzoNobel N. V., Deutsche Telekom AG, F-Secure Corporation and Fortum OYj (Chairwoman).
Dr. Jurgen Hambrecht (born in 1946) has also been a member of the Supervisory Board of Daimler AG since 2008. In addition, he has been a member of the Presidential Committee and of the Mediation Committee since 2011. Dr. Hambrecht was chairman of the executive board of BASF SE until June 2011, and before that he held numerous executive positions at BASF SE. Dr. Hambrecht has extensive international experience and is one of Germany's best-respected business executives.
Dr. Jurgen Hambrecht is a member of the supervisory board of Deutsche Lufthansa AG, chairman of the supervisory board of Trumpf GmbH + Co. KG and chairman of the supervisory board of Fuchs Petrolub AG.
Ms. Andrea Jung (born in 1958) is a first-time candidate for election to the Supervisory Board of Daimler AG representing the shareholders. Ms. Jung was chief executive officer of Avon Products, Inc. until April 2012 and executive chairman and board member of Avon Products, Inc. until the end of 2012. Before that, she held various other executive positions at Avon Products, Neiman Marcus, I. Magnin & Company and Bloomingdale's. Due to her very varied past activities, Andrea Jung has excellent management and market knowledge, especially of the markets of North America, South America and Russia. Furthermore, she has extensive expertise in sales and marketing strategy, as well as in branding. Due to her many years of activity on the boards of industrial companies, Ms. Jung has acquired additional expertise in specific industrial activities.
Currently, she is a member of the boards of Apple, Inc. (since 2008) and General Electric Company (since 1998).
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.
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, Freightliner, Western Star, BharatBenz, Fuso, Setra and Thomas Built Buses. The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock exchange symbol DAI). In 2012, the Group sold 2.2 million vehicles and employed a workforce of 275,000 people; revenue totaled €114.3 billion and EBIT amounted to €8.6 billion.
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