By Olivia Bugault 
 

Daimler AG said Thursday that it is proposing that Bernd Pischetsrieder to be new chairman of its supervisory board, replacing Manfred Bischoff, whose mandate will expire after the annual general meeting in March.

The German car maker said it will also propose three candidates for election at its annual general meeting on March 31 to replace board members whose mandates will end soon.

Mr. Pischetsrieder has been a member of the supervisory board since 2014, Daimler said.

Daimler will propose for election to the supervisory board Elizabeth Centoni, currently senior vice president of Cisco Strategy; Royal Dutch Shell PLC Chief Executive Ben van Beurden; and the board chairman of BASF SE, Martin Brudermueller, it said.

As well as current supervisory board chairman Mr. Bischoff, Petraea Heynike and Juergen Hambrecht will be also stepping down from the board on March 31, Daimler said.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

December 03, 2020 03:57 ET (08:57 GMT)

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