DHL 2006 Annual Report Download - page 22
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Management and organization
Five segments, three brands
Deutsche Post World Net provides national and international services in ve
divisions under three brand names.
As a German stock corporation, Deutsche Post has a dual management and supervisory
structure. e Group is managed by the Board of Management whose members are
appointed for a maximum of ve years by the Supervisory Board. Members can be
reappointed, or their terms extended, by a maximum of ve years. e Supervisory
Board advises the Board of Management and oversees its management activities. e
key features of the remuneration system for the Board of Management and Supervisory
Board are shown in the remuneration report. e appointment and dismissal of
members of the Board of Management is subject to the provisions of the Aktiengesetz
(German Stock Corporation Act). Changes to the Articles of Association are adopted by
resolution of the Annual General Meeting. Such resolutions require a simple majority
of votes cast and a simple majority of the represented share capital. In instances where a
majority consisting of three-quarters of the represented share capital is required by law,
that majority applies.
e Group is subdivided into ve divisions. e functions of Group management are
performed at the Corporate Center. e divisions are responsible for business operations
and constitute the reporting segments as required by International Financial Reporting
Standards (IFRSs). ey are managed by separate, centralized divisional headquarters.
Organizational changes
Following the acquisition of Williams Lea, the MAIL Division was augmented by
a divisional board member in charge of international business with corporate
information solutions. Our sales force in Germany was reinforced; instead of one
divisional board member, there are now three members responsible for sales in the
area of key accounts, large businesses and small businesses. e divisional board
member in charge of retail outlets is responsible for private customer business. With
eect from December , we transferred retail outlets to Postbank.
Starting on page 96
Deutsche Post World Net
Division
MAIL EXPRESS LOGISTICS FINANCIAL SERVICES SERVICES
Brand
Business unit
• Mail Communication
• Direct Marketing
• Press Distribution
• Value-added Services
• Mail International1)
• Europe
• Americas
• Asia Pacific
• Emerging Markets
• DHL Global Forwarding
• DHL Exel Supply Chain
• DHL Freight2)
• Deutsche Postbank AG
• Postbank branches
• Pension Service3)
• Global Business Services
• Corporate Center
• Deutsche Post retail outlets3)
1) Operates under the DHL Global Mail brand.
2) As of July 1, 2006.
3) Operates under the Deutsche Post brand.
18
Deutsche Post World Net Annual Report 2006