Mercedes 2006 Annual Report Download - page 146

Personnel changes in the Supervisory Board. Following the
expiry of Mr. Robert Lanigan’s period of membership of the
Supervisory Board on the day of the Annual Meeting in April 2006,
the Annual Meeting voted in favor of the proposal to elect
Dr. Manfred Bischoff as a member of the Supervisory Board rep-
resenting the shareholders for a period of five years. In July 2006,
Mr. Nate Gooden, Vice President of the US trade union United
Automobile, Aerospace and Agricultural Implement Workers
(UAW), resigned from his position. He was succeeded by Mr. Ron
Gettelfinger, President of the UAW, by way of a court successor
appointment.
Personnel changes in the Board of Management. During
the year 2006, the Supervisory Board made decisions on various
Board of Management matters.
In February 2006, the Supervisory Board resolved to reappoint
Mr.Bodo Uebber for a period of five years as of December 16,
2006 with unchanged responsibility for the area of “Finance &
Controlling / Financial Services”.
Effective March 1, 2006, the Board of Management area of
Mr. Rüdiger Grube was renamed as “Corporate Development”.
Also with effect as of March 1, 2006, the areas of responsibility
of Mr.Andreas Renschler and Mr. Thomas Weber were redefined.
Since that date, Mr. Renschler has been responsible for the
“Truck Group” and Mr. Weber has been responsible for “Group
Research & Mercedes Car Group Development”.
In July 2006, Mr. Thomas W. LaSorda was reappointed for another
five years as of May 1, 2007 with unchanged responsibility for
the “Chrysler Group”.
In October 2006, the Supervisory Board decided on two reappoint-
ments. Firstly, Mr. Rüdiger Grube was reappointed for the period of
September 20, 2007 until 30. September 2010 with unchanged
responsibility for the area of “Corporate Development”. Secondly,
Mr. Andreas Renschler was reappointed for another three
years as of October 1, 2007 with unchanged responsibility for
the “Truck Group”.
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Audit of the 2006 financial statements. The DaimlerChrysler AG
financial statements and the management report for 2006
were audited by KPMG Deutsche Treuhand-Gesellschaft Aktien-
gesellschaft, Wirtschaftsprüfungsgesellschaft, Berlin and
Frankfurt am Main, and were given an unqualified audit opinion.
The same applies to the consolidated financial statements
prepared according to US GAAP, which were supplemented with
a group management report and additional notes. Pursuant
to Sections 57 and 58 of the Introductory Law of the German
Commercial Code (EGHGB), the US GAAP consolidated financial
statements presented in this report grant exemption from
the obligation to prepare consolidated financial statements in
accordance with German law.
The financial statements and the appropriation of earnings
proposed by the Board of Management, as well as the auditors’
reports, were submitted tothe Supervisory Board. They were
thoroughlyinspected by the Audit Committee and the Supervisory
Boardand discussed in the presence of the auditors, who
reported on the results of their audit. The Supervisory Board has
declared itself to be in agreement with the results of the audit
and has established that there are no objections to be made. The
Supervisory Board has approved the financial statements pre-
sented by the Board of Management. The financial statements are
thereby adopted. Finally, the Supervisory Board has examined
the appropriation of earnings proposed by the Board of Manage-
ment and is in agreement with this proposal.
Comments on the management report. The Supervisory Board
provides the following information in connection with the
management report, with regard to the composition of subscribed
capital, regulations on the appointment and dismissal of the
members of the Board of Management, amendments to the Articles
of Incorporation, authorization for the Board of Management
to issue shares or purchase treasury shares, and important
agreements entered into by the company that are subject
to change-of-control conditions.