Business/economy

Changes on the supervisory board of Robert Bosch GmbH

  • Professor Dr. Weder Di Mauro to succeed Professor Dr. Kormann
  • Christiane Benner and Kerstin Mai to join as new employee representatives
  • Number of women on the Bosch supervisory board to increase to four
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  • March 07, 2013
  • Business/economy
  • Press releases

press release

Stuttgart – There are to be personnel changes on the supervisory board of Robert Bosch GmbH when its new term starts on March 22, 2013. Following a five-year tenure on the board, the shareholder representative Professor Dr. Hermut Kormann will be resigning for age reasons. His successor will be the economist Professor Dr. Beatrice Weder Di Mauro. In addition to her academic work and various offices, Weder Di Mauro was previously a member of the German Council of Economic Experts.

The employee representatives Daniel Müller and Wolf Jürgen Röder will also be leaving. Their places will be taken by Christiane Benner, a managing partner on the executive board of Industriegewerkschaft Metall, and Kerstin Mai, the chairperson of the works council of Robert Bosch Car Multimedia GmbH as well as a member of the combined works council of Robert Bosch GmbH. This will bring the number of women on the board to four. The supervisory board is made up of ten shareholder representatives and ten employee representatives.

“The shareholders and the supervisory board would like to thank Professor Dr. Hermut Kormann, Daniel Müller, and Wolf Jürgen Röder for their loyal collaboration over the past few years,” says Franz Fehrenbach, chairman of the supervisory board of Robert Bosch GmbH. “At the same time, we wish Professor Dr. Beatrice Weder Di Mauro, Christiane Benner, and Kerstin Mai every success in their new tasks.”

The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide (as of December 31, 2015). The company generated sales of 70.6 billion euros in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers some 150 countries. The basis for the company’s future growth is its innovative strength. Bosch employs 55,800 associates in research and development at 118 locations across the globe. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Additional information is available online at www.bosch.com and www.bosch-press.com, http://twitter.com/BoschPresse.

PI8025 - March 07, 2013

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