Michael Brecht elected as Deputy Chairman of Daimler AG's Supervisory Board

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Apr 30, 2014, 08:46 ET

STUTTGART, Germany, April 30, 2014 /PRNewswire/ --

Erich Klemm retires from Supervisory Board after 26 years
Supervisory Board elects Michael Brecht as Erich Klemm's successor
Ergun Luemali succeeds Klemm in Supervisory Board as workforce representative

Today, Daimler AG's Supervisory Board elected Michael Brecht (48) to be its new Deputy Chairman and therefore the foremost of the workforce representatives on the board, effective from May 1, 2014. He is taking over from Erich Klemm (60), who is entering the passive phase of part-time phased early retirement and stepping down from Daimler AG's Supervisory Board on April 30, 2014, after 44 years at the company and 26 years on the Supervisory Board.

"Erich Klemm was a responsible Deputy Chairman of the Supervisory Board, and stood up for the interests of the workforce as Chairman of the General Works Council," said Dr. Manfred Bischoff, Chairman of Daimler AG's Supervisory Board, in praise of Mr. Klemm's merits. He also congratulated Michael Brecht on his appointment as Deputy Chairman. "We have another experienced workforce representative at my side to lead the Supervisory Board in the form of Michael Brecht.
I would like to wish Mr. Brecht all the best, and look forward to working together productively for the good of our company."

"In the many years of collaboration, we have been able to do more than simply arrive at reasonable compromises," summarized Dr. Dieter Zetsche, CEO of Daimler AG and Head of Mercedes-Benz Cars. "On behalf of the Board of Management and the whole company, I would like to thank Erich Klemm for 44 years of dedication."

Michael Brecht was appointed to Chairman of Daimler AG's General Works Council on April 2, 2014. He has been a member of the Works Council for the Mercedes-Benz plant in Gaggenau since 1990, and its Chairman since 1998. Mr. Brecht joined the Supervisory Board of Daimler AG in 2012, since when he has also been a member of the Audit Committee.

Today, Mr. Brecht was also elected as Deputy Chairman of the Audit Committee. Mr. Brecht's appointment as Deputy Chairman of the Supervisory Board means that he is now also Deputy Chairman of the Mediation Committee as well as the Presidential Committee.

Ergun Luemali (51) succeeds Erich Klemm as an ordinary member of the Supervisory Board. He had already been elected to replace Erich Klemm in the Works Council elections held in March 2013. Mr. Luemali was also elected Deputy Chairman of the General Works Council on
April 2, 2014, having previously been appointed Chairman of the Works Council of the Mercedes-Benz plant in Sindelfingen, of which he has been a member since 1994, in March 2014.

Further information from Daimler is available at:
www.media.daimler.com and www.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 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 2013, the Group sold 2.35 million vehicles and employed a workforce of 274,616 people; revenue totaled €118.0 billion and EBIT amounted to €10.8 billion.

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SOURCE Daimler Corporate Communications