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.
Click here to receive FREE breaking news email alerts for Daimler AG and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com