Ad-hoc | 8 March 2003 15:50
Deutsche Telekom AG
english
Reorganisation of the Deutsche Telekom AG Supervisory Board
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Bonn, 8 March 2003
Reorganisation of the Deutsche Telekom AG Supervisory Board
Following the successful reorganisation of the Board of Management of
Deutsche Telekom AG in 2002 under the leadership of Dr. Hans-Dietrich
Winkhaus, a comprehensive reorganisation of the Supervisory Board is
now planned. After Dr. André Leysen stepped down on 28 February 2003
on age grounds, Dr. Helmut Sihler and Gert Becker will also be
resigning, for the same reason, after the shareholders’ meeting in
May 2003.
Deutsche Telekom applied to the Local Court last Friday for the
appointment of a new Member of the Supervisory Board to replace Dr.
Leysen. Deutsche Telekom proposes that Dr. Klaus Zumwinkel, Chairman
of the Board of Management of Deutsche Post World Net, take up the
vacant position.
Subject to a corresponding recommendation by the Supervisory Board,
Dr. Hans-Jürgen Schinzler, Chairman of the Board of Management of
the Münchner Rückversicherungs-Gesellschaft AG, and Dr.-Ing.
Wendelin Wiedeking, Chairman of the Board of Management of Dr.
Ing. h.c. F. Porsche AG, are to be proposed to the shareholders’
meeting as candidates for the additional vacancies.
“Having taken these steps to restructure the Supervisory Board, I shall
resign as Chairman of the Deutsche Telekom Supervisory Board at its
next meeting and step down from the Supervisory Board altogether after
the shareholders’ meeting”, stated Dr. Winkhaus. Subject to appointment
by the Local Court, Dr. Zumwinkel will be elected the new Chairman of
the Supervisory Board.
“This now lays the foundation for a successful new start in the
Supervisory Board as well as in the Board of Management. I believe
that with its new Chairman of the Board of Management, Kai-Uwe Ricke,
and his strong management team, Deutsche Telekom can look forward to a
successful
future”, explained Dr. Winkhaus.
end of ad-hoc-announcement (c)DGAP 08.03.2003
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