DHL 2002 Annual Report Download - page 151

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In the year under review, the Supervisory Board performed the duties assigned to it by law
and the Articles of Association. In addition to regularly advising and monitoring the Board
of Management, the Supervisory Board was involved in important Company decisions.
In fiscal year 2002, the Board of Management regularly informed the Supervisory Board in
a timely and comprehensive manner of all issues concerning the Company’s planning, busi-
ness development, risks, risk management, strategic measures, as well as important business
transactions and projects. In particular, all measures requiring the approval of the Supervisory
Board were discussed at length, as was the Company’s strategic focus. The Chairman of
the Supervisory Board was continuously informed about important business transactions
and forthcoming decisions and kept in constant contact with the Chairman of the Board
of Management.
The Supervisory Board met twice in the first half of the fiscal year and three times in
the second half. All Supervisory Board members participated in the respective resolutions at
these meetings.
The Supervisory Board and the Board of Management held intensive discussions
regarding the Group-wide STAR value creation program as well as the planned reorgani-
zation and integration of the EXPRESS and LOGISTICS Corporate Divisions into a single
Corporate Division called EXPRESS/LOGISTICS. Their discussions also focused on the
MAIL Corporate Division’s European strategy, including its entry onto the Dutch market.
Another major topic was the acquisition of equity interests, particularly the increase in the
Company’s interest in DHL International Ltd. to 100%.
The Executive Committee of the Supervisory Board met four times. The main issues
discussed at these meetings were the preparations for the Supervisory Board meetings and,
in particular, corporate governance.
The meetings of the Personnel Committee were focused in particular on the develop-
ment of the Group’s human resources structures and on the status of the ongoing projects
for the optimization of human resources processes.
The Finance and Audit Committee held five meetings in which it discussed at length
the annual financial statements of Deutsche Post AG and the Group for fiscal year 2001, as
well as the respective management reports and the key points of the business plan for 2003.
Report by the Supervisory Board
Josef Hattig
Chairman of the Supervisory Board
Josef Hattig trained as a commercial clerk before embarking on a degree course in law and political
science. Following employment as a junior judicial officer and assistant to the management, he
joined Dortmund brewery Thier & Co, where he was a director from 1965 to 1972. In 1972 he moved
to Bremen-based brewery Beck & Co as managing director, where he spent 25 years. In the fall of
1997 he became a Senator in Bremen, first responsible for SMEs, technology, European and economic
affairs, and then, starting in July 1999, for economic affairs and the city’s ports. Hattig was also
President of the German Brewers’ Association and Chairman of Bremen’s Chamber of Commerce.