Five meetings were held in the first half of the year and two in the second half. All members participated in at least half of the meetings.
In a special meeting held on 14 January 2009, the Supervisory Board resolved on the changed transaction conditions for selling the company’s stake in Deutsche Postbank AG to Deutsche Bank.
At the financial statements meeting on 25 February 2009, we discussed and approved the annual and consolidated financial statements for 2008 and approved the updated planning for financial year 2009. We also reviewed the efficiency of the Supervisory Board’s work based on an updated questionnaire. The resignation from the Board of Management of John Mullen was accepted at this meeting, and the appointment of Ken Allen as a member of the Board of Management with responsibility for the EXPRESS division was resolved.
Following John Allan’s decision at the start of the year to make use of his contractual right to resign his seat on the Board of Management as at 30 June 2009, we resolved in a special meeting held on 10 March 2009 to appoint Lawrence Rosen to the Board of Management with responsibility for Finance, Global Business Services. He took up this position on 1 September 2009. The Supervisory Board also took advantage of this special meeting to discuss the Group’s new strategy in detail with the Board of Management and to approve it.
The committee appointments were resolved at the Supervisory Board meeting directly following the Annual General Meeting (AGM) of Deutsche Post AG on 21 April 2009. Please refer to here for the current composition of the committees.
At the meeting held on 18 June 2009, the Supervisory Board resolved to renew Walter Scheurle’s seat on the Board of Management and his Board of Management contract. It also resolved to have Dr Frank Appel assume interim responsibility for Finance from 1 July 2009 until Lawrence Rosen took up his position.
At the Supervisory Board meeting held on 11 September 2009, we discussed the implementation status of the strategy presented in March and resolved to renew Jürgen Gerdes’ seat on the Board of Management for three years until 1 July 2010.
At the Supervisory Board’s last meeting of the year on 7 December 2009, we approved the business plan for 2010 and decided on the future structure of the remuneration system for the Board of Management, amongst other things. More information on this can be found in the Remuneration Report. We also extended Jürgen Gerdes’ seat on the Board of Management to five years and submitted our Declaration of Conformity with the 2009 German Corporate Governance Code.