STUTTGART (Dow Jones) – The automotive group Daimler has appointed a former constitutional judge as an anti-Korruptionsbeautragte to the board and extended the contract with his chief financial officer prematurely.
Christine Hohmann-Dennhardt should assume the newly created management unit "integrity and justice," the Stuttgart said on Tuesday after a meeting of the Supervisory Board. Moreover, the body of the Treaty of Bodo Uebber 31 December 2014 extended.
Actually, the contract of the manager in December 2011 would have expired. Uebber is the 16th December 2003 board member of Daimler AG and in that capacity since mid-December 2004 and is responsible for controlling and finance. He is also Chairman of the Board of Directors of the European Aeronautic Defence and Space Company EADS.
The new Board department "integrity and justice" Daimler had created late last year following the corruption scandal, bringing with Hohmann Dennhardt now the first woman in the top management of the Finance Group. The term of 60 years at the Federal Constitutional Court ran from the end of January.
Early April of last year, Daimler agreed with the U.S. Securities and Exchange Commission to pay a total of 185 million USD, because employees had bribed government officials for over ten years in order to get lucrative contracts. The carmaker is now three years under the supervision of former FBI Director Louis Freeh. The group itself Freeh had agreed in late 2006 as external consultant to assist in dealing with the bribery scandal. But even then there was the view of the U.S. investigators to more bribery of foreign officials.