BMW 2006 Annual Report Download - page 10

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dend and to pay a dividend of euro 0.72 for each share of non-voting preferred
stock entitled to receive a dividend.
In accordance with the conclusion reached on the Supervisory Board’s examina-
tion, no objections were raised.
As announced in the previous year Annual Report, Mr. Volker Doppelfeld’s term
of office in the Supervisory Board came to an end of the close of the Annual
General Meeting on16 May 2006 after many years of highly distinguished service.
Having reached the age of retirement, Mr. Doppelfeld did not stand for re-
election. The Supervisory Board took the opportunity of paying tribute to
Mr. Doppelfeld in the presence of shareholders at the last Annual General Meeting.
Two further changes took place to the composition of the Supervisory Board
during or at the end of the financial year 2006. Heinz-Joachim Neubürger was
appointed member of the Supervisory Board at the Annual General Meeting on
16 May 2006. Werner Eisgruber took the decision, with the full understanding
of the Supervisory Board, to resign from his office as employee representative
on the Supervisory Board at the end of the financial year. The Supervisory Board
would like to thank Mr. Eisgruber for his trustworthy and excellent cooperation.
The premature departure of Mr. Eisgruber left the Supervisory Board incom-
plete. Stefan Schmid, Chairman of the Works Council at the Dingolfing plant,
was thereupon appointed to the Supervisory Board by court decision as employee
representative on 3 January 2007.
The Supervisory Board would like to thank the board members leaving office
and those still in office as well as all BMW Group employees for their concerted
performance and congratulate them on the success achieved in the financial
year 2006.
Munich, March 2007
The Supervisory Board
Yours,
Joachim Milberg
Chairman of the Supervisory Board
09