Author Topic: Mercedes-Benz Group AG Supervisory Board decides on early contract extension for  (Read 3128 times)

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At its meeting today, the Supervisory Board of Mercedes-Benz Group AG reappointed Renata Jungo Brüngger (61) until the end of 2024. Renata Jungo Brüngger has been a member of Mercedes-Benz Group AG’s Board of Management since January 1, 2016, responsible for Integrity and Legal Affairs and Co-Chair of the Group Sustainability Board.

„We are looking forward to further working together with this experienced manager. Renata Jungo Brüngger is doing an outstanding job for Mercedes-Benz. With her sense for social and legal developments and her strategic drive, she makes a significant contribution to the long-term success of our company. In doing so, she plays a decisive role in ensuring that sustainability is firmly anchored within the corporate strategy. In recent years, she has resolved complex legal proceedings from the past in the best interests of the company. At the same time, she focused her department responsible for integrity, legal affairs, compliance and corporate audit on important future topics.”
Bernd Pischetsrieder, Chairman of the Supervisory Board of Mercedes-Benz Group AG

Renata Jungo Brüngger's contract would have expired at the end of 2023. The Supervisory Board decides, in accordance with its rules of procedure and applicable law, on the reappointment of members of the Board of Management after the beginning of the last year of the respective term of office.

Last year, the Supervisory Board had already decided on more flexible guidelines for the appointment and reappointment of members of the Board of Management: For board members aged 58 or 59 at the beginning of the contract, the term of office should not exceed two years; from the age of 60 years onwards, it should not exceed one year. Multiple extensions of contracts are possible.

Following the new guidelines, Renata Jungo Brüngger's contract has now been extended by one year until December 31, 2024.