Mercedes 2006 Annual Report Download - page 141

Compensation of the Supervisory Board
Supervisory Board compensation in 2006. The compensation
of the Supervisory Board is determined by the Annual Meeting of
DaimlerChrysler AG and is governed by the company’s Articles of
Incorporation. The current regulations specify that the members
of the Supervisory Board receive, in addition to the refund of their
expenses and the costs of any value-added tax incurred by
them in the performance of their office, fixed compensation of
€75,000, three times this amount for the Chairman of the Super-
visory Board, twice this amount for the Deputy Chairman of the
Supervisory Board and the Chairman of the Audit Committee,
1.5 times this amount for the chairmen of other Supervisory Board
committees, and 1.3 times this amount for members of Super-
visory Board committees. If a member of the Supervisory Board
exercises several of the aforementioned functions, he shall be
remunerated solely for the function with the highest compensation.
The individual compensation of the members of the Supervisory
Board is shown in the table on the right.
The members of the Supervisory Board and its committees
receive a meeting fee of €1,100 for each Supervisory Board
meeting and committee meeting they attend.
Except for the compensation paid to the members of the Super-
visory Board representing the employees in accordance with
their contracts of employment, no compensation was paid for
services provided personally in 2005 and 2006 beyond the
aforementioned board and committee activities, in particular for
advisory or agency services.
The compensation paid in 2006 to the members of the Super-
visory Board of DaimlerChrysler AG for their services to the
Group therefore totaled €2.1 million (2005: €2.0 million).
Loans to members of the Board of Management or the
Supervisory Board. In 2006, no advances or loans existed
to members of the Board of Management or to members of the
Supervisory Board of DaimlerChrysler AG.
Corporate Governance | Compensation Report | 125
€
Supervisory Board compensation in 2006
243,700
172,000
77,296
82,700
26,990
41,301
81,600
110,700
80,500
82,700
24,259
82,700
82,700
82,700
82,700
82,700
81,600
91,012
114,000
165,400
82,700
82,700
Name Function(s) compensated
Hilmar Kopper Chairman of the Supervisory Board,
of the Presidential Committee and
Member of the Audit Committee
Erich Klemm1Deputy Chairman of the Supervisory Board, of the
Presidential Committee and the Audit Committee
Dr. Manfred Bischoff 5Member of the Supervisory Board
(since April 12, 2006) and of the Presidential
Committee (since April 27, 2006)
Heinrich Flegel Member of the Supervisory Board
Ron Gettelfinger 2Member of the Supervisory Board
(since August 28, 2006)
Nate Gooden 2Member of the Supervisory Board
(until July 20, 2006)
Earl G. Graves Member of the Supervisory Board
Thomas Klebe1, 3 Member of the Supervisory Board and
the Presidential Committee
Arnaud Lagardère 5Member of the Supervisory Board
Jürgen Langer1Member of the Supervisory Board
Robert J. Lanigan Member of the Supervisory Board
(until April 12, 2006)
Helmut Lense1Member of the Supervisory Board
Peter A. Magowan Member of the Supervisory Board
William A. Owens Member of the Supervisory Board
Gerd Rheude1Member of the Supervisory Board
Udo Richter1Member of the Supervisory Board
Wolf Jürgen Röder1Member of the Supervisory Board
Manfred Schneider Member of the Supervisory Board and the
Presidential Committee (until April 27, 2006)
Stefan Schwaab1Member of the Supervisory Board
and the Audit Committee
Bernhard Walter Member of the Supervisory Board and
Chairman of the Audit Committee
Lynton R. Wilson 4Member of the Supervisory Board
Mark Wössner Member of the Supervisory Board
1 The members representing the employees have stated that their board compensation will be
transferred to the Hans-Böckler Foundation, in accordance with the guidelines of the German
Trade Union Federation.
2 Mr. Gooden and Mr. Gettelfinger abstained from receiving their compensation and meeting fees.
At their request, these amounts were paid to the Hans-Böckler Foundation.
3 Mr. Klebe also received compensation and meeting fees for his Board services at DaimlerChrysler
Luft- und Raumfahrt Holding AG and DaimlerChrysler Aerospace AG amounting to €9,122.
Footnote 1 applies respectively.
4 Mr. Wilson also received €7,024 for his Board services at Mercedes-Benz Canada Inc.,
DaimlerChrysler Canada Inc. and DaimlerChrysler Financial Services Canada Inc.
5 Mr. Bischoff and Mr. Lagardère also received compensation and meeting fees in their capacity as
chairmen of the board of directors of EADS N.V amounting to €344,250 each. Since EADS is
consolidated at equity, these compensations are not considered in the calculation of the compen-
sation of the Supervisory Board.
Total in 2006