DHL 2008 Annual Report Download - page 29

Deutsche Post World Net Annual Report 2008
Organisation aligned with strategic orientation
As announced in the prior year and with e ect from  January , we unbun-
dled the  Division, allocated the costs of Global Business Services to the oper-
ating units and assigned the retail outlets to the  Division. We now report a more
narrowly de ned unit, Corporate Center / Other.
On  February , the Supervisory Board of Deutsche Post  appointed
Dr Frank Appel as the new chairman of the Board of Management a er Dr Klaus
Zumwinkel resigned from the Board of Management. Dr Appel had been the Board
member in charge of the  Division. His appointment prompted us to reallo-
cate responsibility for the logistics business in the middle of the  rst quarter and divide
it between two Board of Management members. Since that time, Hermann Ude has
headed the Global Forwarding and Freight business units, and Bruce Edwards has
headed the Supply Chain and Corporate Information Solutions business units.
 is new structure re ects the increasing business volume and the di erent
business models: Global Forwarding and Freight engage chie y in transport services,
whilst Supply Chain and Corporate Information Solutions o er customised logistics and
communications solutions. We have reported this structure under segment reporting
since the second quarter of . We successively reorganised the global and regional
organisational structure of the two new Board departments.
In the third quarter, the Pension Service was reallocated from the 
 Division to the mail business. Having agreed to the sale of our subsidiary,
Deutsche Postbank, we have reported its activities under “discontinued operations”
since the third quarter of . Dr Wolfgang Klein resigned from Deutsche Post’s Board
of Management e ective  November .
Disclosures required by takeover law
Disclosures required under Sections   and   of the Handelsgesetzbuch
( – German commercial code) and explanatory report
Composition of issued capital, voting rights and transfer of shares
As at  December , the company’s share capital totalled  ,,,
and was composed of the same number of no-par value registered shares. Each share
carries the same statutory rights and obligations and entitles the holder to one vote at
the Annual General Meeting . No individual shareholder or group of share holders
is entitled to special rights, particularly rights granting powers of control.
 e exercise of voting rights and the transfer of shares are based on the general
legal requirements and the company’s Articles of Association, which do not restrict
either of these activities. Article  of the Articles of Association sets out the require-
ments that must be met in order to attend the  as a shareholder and exercise a vot-
ing right. Only those persons entered as such in the share register are considered by the
company to be shareholders.  e Board of Management is not aware of any agreements
between shareholders that restrict voting rights or the transfer of shares.
Group Management Report
Business and Environment
Group structure
from different perspectives
Corporate government structure
Structure in accordance with governance
tasks and responsibilities (boards and
committees)
• Corporate Center
• Divisions
• Global Business Services
Management responsibilities
Structure in accordance with decision-
making responsibility and reporting lines
• Board departments
• Corporate departments
• Business departments
• Service departments
• Regions
• Departments
Legal structure
Structure based on the Group’s
legal entities
• Deutsche Post AG
• Deutsche Postbank AG
Brand names
Structure in accordance with brand names
used in customer communication
• Deutsche Post
• DHL
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