KIA Managing Director Proposed to Join Daimler Supervisory Board

KIA

Bader Mohammad Al-Sa’ad, Managing Director, Kuwait Investment Authority

The Supervisory Board of Daimler AG plans to nominate Bader Mohammad Al-Sa’ad, Managing Director of the Kuwait Investment Authority (KIA), to its board. Bader Mohammad Al-Sa’ad was ranked #7 on the inaugural Public Investor 100 in 2013. The annual shareholders’ meeting for Daimler will be held on March 29, 2017 in Berlin. Dr. Bernd Bohr agreed to step down from the supervisory board at the conclusion of the March shareholder meeting. In addition, Bohr may be appointed by the board within the next two years.

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