DHL 2010 Annual Report Download - page 127
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REPORT OF THE SUPERVISORY BOARD
DEAR SHAREHOLDERS,
Deutsche Post DHL has overcome the e ects of the global economic crisis: it successfully concluded
the nancial year with double-digit revenue growth in the divisions, whilst the performance
ofthe division, although slightly down, was in line with expectations on the whole.
Advising and overseeing the Board of Management
In , the Supervisory Board scrutinised Group and divisional strategy at a closed meeting. At
each meeting, the Board of Management provided us with detailed information on the situation and
direction of the company and the Group, on strategic initiatives and all key issues related to planning and
implementation and on opportunities and risks for business performance. We also regularly discussed
developments in the economic climate, progress in implementing the planned restructuring activities,
the impact of the takeover of the Karstadt department stores by an investor and the e ects of changes to
value added tax legislation. All signi cant decisions were discussed in detail with the Board of Manage-
ment. It also informed us in a timely and comprehensive manner regarding business performance, key
business transactions and projects in the divisions, compliance organisation and compliance management,
as well as the company’s risk exposure and risk management. e Board of Management also provided
the chairman of the Supervisory Board with continuous updates between Supervisory Board meetings.
Measures requiring the consent of the Supervisory Board were discussed in even greater depth. Such
measures were considered in advance by the relevant committees and the results of their deliberations
were presented by the respective committee chairs to the Supervisory Board meetings.
WULF VON SCHIMMELMANN
Chairman
113
Deutsche Post DHL Annual Report
Corporate Governance
Report of the Supervisory Board