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Daimler Extends Chairman's Service Contracts Till December 2016 - Quick Facts

2/21/2013 9:45 AM ET

German automaker Daimler AG (DDAIF.PK) announced that the Supervisory Board of the company passed a unanimous resolution to extend the contracts of service of Dieter Zetsche, Chairman of the Board of Management of Daimler and Head of Mercedes-Benz Cars, and Thomas Weber, Board of Management Member for Group Research and Mercedes-Benz Cars Development, for a further three years until December 31, 2016.

The company stated that the Supervisory Board also decided that Andreas Renschler will assume Board of Management responsibility for production and purchasing Mercedes-Benz Passenger Cars and Mercedes-Benz Vans as of April 1, 2013. Wolfgang Bernhard, currently Board of Management Member for this position, will assume responsibility for Daimler Trucks as of April 1, 2013.

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by RTT Staff Writer

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