The Chairman of the Munich Re Supervisory Board, Hans-Jürgen Schinzler, will retire from office on age grounds as at 31 December 2012. He will be succeeded by Bernd Pischetsrieder, who has been on the Supervisory Board since 2002. The Board of Management will apply to the Local Court Munich (Registration Court) to appoint Ann-Kristin Achleitner to the Supervisory Board as a new member.
Mr. Schinzler, 72, has been a member of the Supervisory Board and its Chairman since 2004. He joined Munich Re in 1968, becoming a member of the Board of Management in 1981 and holding the office of Chairman of the Board of Management from 1993 to 2003.
The Supervisory Board has elected Bernd Pischetsrieder as the new Chairman of the Supervisory Board of Munich Re with effect from 1 January 2013. Mr. Pischetsrieder has been a member of the Supervisory Board since 2002. Bernd Pischetsrieder, who has a degree in engineering, was Chairman of the Board of Management of Volkswagen AG from 2002 to 2006, prior to which he was on the Board of Management of BMW AG from 1993 to 1999.
Ms. Achleitner, a lawyer and economist, has been a professor at the Technical University of Munich since 2001 and a member of the Government Commission on the German Corporate Governance Code since January 2012.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].