Mercedes 2010 Annual Report Download - page 161

Corporate Governance | Remuneration Report | 157
Remuneration of the Supervisory Board
Supervisory Board remuneration in 2010. The remuneration
of the Supervisory Board is determined by the Shareholders’
Meeting of Daimler AG and is governed by the Company’s Articles
of Incorporation. The new regulations for Supervisory Board
remuneration approved by the Annual Shareholders’ Meeting in
April 2008 specify that the members of the Supervisory Board
receive, in addition to the refund of their expenses and the cost
of any value-added tax incurred by them in performance of
their office, fixed remuneration of €100,000, with three times
that amount for the Chairman of the Supervisory Board, twice
that amount for the Deputy Chairman of the Supervisory Board
and the Chairman of the Audit Committee, 1.5 times that amount
for the chairmen of the other Supervisory Board committees
and members of the Audit Committee, and 1.3 times that amount
for members of the other Supervisory Board committees. Mem-
bers of a Supervisory Board committee are only entitled to remu-
neration for such membership if the committee has actually
convened to fulfill its duties in the respective year. If a member of
the Supervisory Board exercises several of the aforementioned
functions, he or she is to be remunerated solely for the function
with the highest remuneration.
Supervisory Board remuneration
Name Function(s) remunerated Total in 2010
In euros
Dr. Manfred Bischoff Chairman of the Supervisory Board, the Presidential Committee and the Nomination Committee 298,543
Erich Klemm 1 Deputy Chairman of the Supervisory Board, the Presidential Committee and the Audit Committee 208,672
Dr. Paul Achleitner Member of the Supervisory Board (since April 14, 2010) 73,934
Sari Baldauf Member of the Supervisory Board 102,301
Dr. Clemens Börsig Member of the Supervisory Board and the Audit Committee 155,982
Prof. Dr. Heinrich Flegel Member of the Supervisory Board 102,301
Dr. Jürgen Hambrecht Member of the Supervisory Board 102,301
Jörg Hofmann 1 Member of the Supervisory Board 102,301
Dr. Thomas Klebe 1, 3 Member of the Supervisory Board and the Presidential Committee 148,583
Gerard Kleisterlee Member of the Supervisory Board 101,201
Arnaud Lagardère Member of the Supervisory Board (until April 14, 2010) 25,644
Jürgen Langer 1 Member of the Supervisory Board 103,291
Ansgar Osseforth 4 Member of the Supervisory Board 103,291
Valter Sanches 2 Member of the Supervisory Board 103,291
Dr. Manfred Schneider Member of the Supervisory Board, the Presidential Committee and the Nomination Committee 136,973
Stefan Schwaab 1 Member of the Supervisory Board and the Audit Committee 158,072
Jörg Spies 1 Member of the Supervisory Board (since January 5, 2010) 102,305
Lloyd G. Trotter Member of the Supervisory Board 102,301
Dr. h.c. Bernhard Walter Member of the Supervisory Board and Chairman of the Audit Committee 205,592
Uwe Werner 1 Member of the Supervisory Board 102,301
Lynton R. Wilson Member of the Supervisory Board and the Nomination Committee 133,893
1 The employee representatives have stated that their board remuneration is to be transferred to the Hans-Böckler Foundation, in accordance with the
guidelines of the German Trade Union Federation. The Hans-Böckler Foundation is a German not-for-profit organization of the German Trade Union Federation.
2 Mr. Sanches has directed that his board remuneration is to be paid to the Hans-Böckler Foundation.
3 Dr. Klebe also received remuneration and meeting fees of €13,700 for his board services at Daimler Luft- und Raumfahrt Holding AG.
These amounts are also to be transferred to the Hans-Böckler Foundation.
4 Mr. Osseforth has directed that a portion of his board remuneration is to be paid to a German foundation for adult education (“Treuhandstiftung Erwachsenenbildung”).
In April 2009, the Supervisory Board decided to make a solidarity
contribution with regard to the measures taken to reduce labor
costs, and to waive 10% of the members’ respective components
of individual remuneration for the period of May 1, 2009 until
June 30, 2010.
The individual remuneration of the members of the Supervisory
Board is shown in the table below.
The members of the Supervisory Board and its committees
receive a meeting fee of €1,100 for each Supervisory Board
meeting and committee meeting that they attend.
Except for the remuneration paid to the members of the Super-
visory Board representing the employees in accordance with their
contracts of employment, no remuneration was paid for services
provided personally beyond the aforementioned board and com-
mittee activities, in particular for advisory or agency services.
The remuneration paid in 2010 to the members of the Supervisory
Board of Daimler AG for their services to the Group therefore
totaled €2.7 million (2009: €2.6 million).
Loans to members of the Supervisory Board. In 2010, no
advances or loans were made to members of the Supervisory
Board of Daimler AG.