Thu 21 Feb 2013

Daimler supervisory board holds meeting over CEO's contract

Daimler's supervisory board is set to discuss the contracts of some of its personnel, including Chief Executive Dieter Zetsche.

It is believed the board will extend Zetsche's contract by five years until the end of 2018.

Zetsche, who also serves as head of luxury brand Mercedes-Benz, will be 65 years old by the time the new contract expires.

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