Medindia LOGIN REGISTER
Medindia
Advertisement

2008 Annual General Meeting: Draeger Shareholders Elect a New Supervisory Board

Saturday, May 10, 2008 General News
Advertisement
LUEBECK, Germany, May 9 As expected, the candidatesproposed by the Supervisory Board's Nomination Committee were today elected bythe annual general meeting of Draegerwerk AG & Co. KGaA to the SupervisoryBoard:
Advertisement

At its constituent meeting following the annual general meeting, theSupervisory Board unanimously elected Dr. Nikolaus Schweickart as itsChairman.
Advertisement

Siegfrid Kasang, Daniel Friedrich, Bernd Mussmann, Walter Neundorf, ThomasRickers and Ulrike Tinnefeld were elected as employee representatives to theSupervisory Board on April 8, 2008.

Furthermore, the annual general meeting approved the proposed dividend.

The dividend for fiscal year 2007 is EUR 0.55 per preferred share and EUR0.49 per common share. Moreover, the annual general meeting authorized themanagement to buy back up to 10 percent of the preferred treasury shares until8 November 2009.

Around 1,300 shareholders bid farewell to the retiring Supervisory Boardat the Lubeck Music and Congress Center. They thanked the Supervisory Boardmembers for their hard work throughout their five-year term in office.

Prof. Dr. Dieter Feddersen, the outgoing Chairman of the SupervisoryBoard, wished the elected successors every success in taking over the reinsand endorsed the Chairman of the Executive Board's strategy in applying theprinciple of "Draeger. Technology for Life".

In his capacity as shareholder, Stefan Draeger paid tribute to Prof. Dr.Dieter Feddersen's achievements over the many years. He became a member of theSupervisory Board in 1973 and had been its Chairman since 1979. Prof.Feddersen will continue to support Draeger in the future, for example on theExecutive Board of the Foundation.

Those who have left the Supervisory Board are:

Professor Dr. Dieter Feddersen, Theo Draeger, Dr. Thomas Lindner, Dr.Martin Posth, Gordon Riske and Dr. Dietrich Schulz. Theo Draeger had become amember of the Supervisory Board in 2005, after 35 years of service, many ofwhich as the CFO and as Chairman of the Executive Board.

Draeger. Technology for Life(R)

Draegerwerk AG & Co. KGaA is an internationally leading medical and safetytechnology group. Draeger products protect, support and save lives.Established in 1889, in 2007 Draeger generated net sales of around EUR 1.8billion. The Luebeck-based technology corporation is represented in 190countries and has around 10,000 employees worldwide. Please visitwww.draeger.com for more information.-- Senator e. H. Dr. h. c. mult. Nikolaus Schweickart, attorney-at-law with his own practice, and former longstanding chairman of the executive board of Altana AG -- Jurgen Peddinghaus, self-employed management consultant, former general manager of Booz Allen Hamilton Germany and, among other things, chairman of the supervisory board of Jungheinrich AG -- Dr. Klaus Rauscher, former chairman of the executive board of Vattenfall Europe AG and former head of the State Chancellery of Bavaria -- Dr. Reinhard Zinkann, managing partner of Miele & Cie. KG -- Uwe Lueders, chairman of the executive board of L. Possehl GmbH & Co. -- Dr. Thorsten Grenz, self-employed management consultant and former chairman of the executive board of mobilcom AG

SOURCE Draeger
Sponsored Post and Backlink Submission


Latest Press Release on General News

This site uses cookies to deliver our services.By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use  Ok, Got it. Close