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Deutsche Post World Net Annual Report 2007
Unqualifi ed Declaration of Conformity issued once again
On December , the Board of Management and Supervisory Board issued a
Declaration of Conformity for the sixth consecutive year. It con rms that since the
previous Declaration of Conformity was issued on December , Deutsche Post
complied with the recommendations of the German Corporate Governance Code in
the version dated June . In future, we will also comply with the recommenda-
tions of the Government Commission on the German Corporate Governance Code
in the current version dated June . e electronic forwarding of information to
the shareholders requires the prior approval of the Annual General Meeting (AGM).
Approval shall therefore be recommended to the AGM. Based on this resolution,
the convention documents for the AGM could also be sent electronically upon
request by the shareholder.
On November , our listed subsidiary Deutsche Postbank AG issued its own
unquali ed Declaration of Conformity.
Dual management and supervisory structure
As a German public limited company, Deutsche Post operates a dual management
system. e Board of Management is responsible for the management of the company,
and is appointed, overseen and advised by the Supervisory Board. Following the
departure of Board members Dr Hans-Dieter Petram and Prof. Dr Wulf von Schim-
melmann as at June , Jürgen Gerdes and Dr Wolfgang Klein were appointed
as their successors with e ect from July . Prof. Dr Edgar Ernst resigned from
the Board of Management as at September . On February , Dr Klaus
Zumwinkel resigned from o ce. e Supervisory Board accepted his resignation
and, on the same day, unanimously appointed Dr Frank Appel as new chairman of
the Board of Management.
e duties of individual members have been reallocated to re ect these changes: e
MAIL board department has been sub-divided into MAIL and PARCEL Germany,
headed by Jürgen Gerdes, and MAIL International, under the management of
Dr Frank Appel. John Allan, previously in charge of the LOGISTICS Division, is now
responsible for Global Business Services (focusing on cross-divisional functions)
and Finance as of October . Dr Frank Appel has also been responsible for the
LOGISTICS Division and Corporate Regulation Management since the same date.
Moreover, on February , Dr Frank Appel assumed responsibility for the chair-
man’s board department in addition to his previous duties.
e Supervisory Board comprises twenty members, who are listed on page . Ten
shareholder representatives are elected by the AGM, whilst a further ten are elected
by the workforce in accordance with the provisions of the Mitbestimmungsgesetz
( German co-determination act). Information about additional mandates held by
Board of Management and Supervisory Board members in the supervisory bodies of
other companies may be found on pages and . e Supervisory Board’s report
on its activities in nancial year is published on page .
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Corporate Governance Report