Dieter Zetsche, Daimler Chairman Until 2013

Just as rumors began pointing on early Wednesday, German group Daimler and its supervisory board extended the contract of Dieter Zetsche, chairman of the board, until December 31, 2013.

In addition, Thomas Weber received the same extension of the contract, while Wolfgang Bernhard has been appointed to the newly created position for Mercedes-Benz Cars Production and Procurement, bringing the number of board members to six.

"In accordance with Section 84, Subsection 1 of the German St… (read more)