Changes in the Supervisory Board
As of the end of the Annual Shareholders’ Meeting held on April 9, 2014, the periods of office ended of Gerard Kleisterlee, Lloyd G. Trotter and Dr. h.c. Bernhard Walter as members of the Supervisory Board representing the shareholders. The Annual Shareholders’ Meeting elected Dr. Bernd Bohr, Joe Kaeser and Dr. Bernd Pischetsrieder to the Supervisory Board as their successors for a period of five years.
Effective as of May 1, 2014, the Supervisory Board of Daimler AG elected Michael Brecht as the new Deputy Chairman of the Supervisory Board and thus as the principle representative of the employees in this board. He succeeds to Erich Klemm, who took early retirement and stepped down from the Supervisory Board as of April 30, 2014, after 44 years at the company and 26 years as a member of the Supervisory Board.
Daimler expands cooperation with Renault-Nissan
On June 27, 2014, Renault-Nissan and Daimler AG announced an agreement on the joint development of premium compact vehicles and a shared production facility in Mexico.
A new 50:50 joint venture is responsible for the construction and operation of the new plant in Aguascalientes in north-central Mexico. The new plant will be immediately adjacent to an existing Nissan plant and will have an annual capacity of 300,000 vehicles after the ramp-up phase.
The start of production with Infiniti models is planned for the year 2017. The production of Mercedes-Benz brand vehicles will follow as of 2018.