DHL 2008 Annual Report Download - page 118

Deutsche Post World Net Annual Report 2008
Corporate Governance Report
Unqualifi ed Declaration of Conformity issued once again
In December , the Board of Management and Supervisory Board issued an
unquali ed Declaration of Conformity for the seventh consecutive year. It con rms that since
the previous Declaration of Conformity, Deutsche Post has complied with the recom-
mendations of the German Corporate Governance Code as amended on  June . We
also implemented the suggestions set forth in the Code, with one exception:  e Annual
General Meeting can only be viewed on the internet until the start of the general debate.
In the future, we will comply with the recommendations of the Govern ment Commis-
sion on the German Corporate Governance Code as amended on  June .
Board of Management and Supervisory Board
As a German public limited company, Deutsche Post operates under 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.
After Dr Klaus Zumwinkel resigned as chairman of the Board of Management,
Dr Frank Appel was appointed chairman on  February . Bruce Edwards and
Hermann Ude were appointed to the Board of Management e ective  March .
On  June , Dr Wolfgang Klein stepped down from his position on the Board of
Management until further notice. On  November , he le the Board of Manage-
ment of Deutsche Post .  e duties of the individual Board members were reallo-
cated accordingly.
Dr Frank Appel initially assumed the duties of chairman of the Board of Manage-
ment in addition to his other Board responsibilities. On  March , the 
Division – for which Dr Frank Appel had been responsible – was split into the new
board depart ments of Global Forwarding, Freight, headed by Hermann Ude, and Supply
Chain, Corporate Information Solutions, headed by Bruce Edwards. Global Mail was
integrated into the  Division, which is headed by Jürgen Gerdes. A er Dr Wolfgang
Klein ceased active participation on the Board of Management of Deutsche Post,
Dr Frank Appel assumed Board responsibility for the   Division
from  June to  November  in addition to his duties as chairman of the Board
of Management.
 e Supervisory Board comprises twenty members, who are listed on page .
Ten shareholder representatives are elected at the , whilst a further ten are elected
by employees in accordance with the provisions of the Mitbestimmungs gesetz ( MitbestG
– German co-determination act). An overview of additional mandates held by Board
of Management and Supervisory Board members in those supervisory boards and
bodies of other companies that are required by law may be found on pages  and .
 e Supervisory Board’s report on its activities in  nancial year  is pub lished on
page .
At the  on  May , Prof. Dr Wulf von Schimmelmann was elected to
the Supervisory Board for a  ve-year term on an individual basis. In March , an
assembly of delegates elected new employee representatives to the Supervisory Board
pursuant to the MitbestG.  eir terms of o ce began upon the close of the  on
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