The Chairman of the
Supervisory Board of Volkswagen AG, Hans Dieter Pötsch, has asked the Chairman
of the Supervisory Board of Daimler AG,
Dr. Manfred Bischoff, to release the Member of the Board of Management for
Integrity and Legal Affairs of Daimler AG, Dr. Christine Hohmann-Dennhardt,
from her current contract, which is scheduled to run until February 28, 2017.
She is to move to the Volkswagen Group as Member of the Board of Management for
Integrity and Legal Affairs on January 1st, 2016.
In the interests of the Good
Corporate Governance of the German automotive industry, the Chairman of the
Supervisory Board of Daimler AG has agreed to this request after consultation
with the Presidential Committee of the Supervisory Board, after Compliance is
anchored firmly at Daimler and its corporate culture.
“We thank Christine Hohmann-Dennhardt
for the excellent work that she has performed for Daimler AG and wish her the
best possible success in her new position,” stated Manfred Bischoff.
"We are delighted that
Dr. Hohmann-Dennhardt has agreed to take on this responsible task and that we
can build on her outstanding competence and experience", the Chairman of
the Supervisory Board of Volkswagen AG, Hans Dieter Pötsch, said, adding that "At
the same time we would like to thank Daimler AG for agreeing to our request to
the early termination of Dr. Hohmann-Dennhardt's contract."
Source: Daimler & Volkswagen