Manfred Bischoff Explained

Manfred Bischoff (born 22 April 1942) is a German businessman who has been the chairman of the supervisory boards of Daimler AG and Mercedes-Benz.

Early life

Bischoff was born on 22 April 1942 in Calw, Germany.^[1] He earned a degree in Economics, and a PhD from Heidelberg University in 1973.^[1]

Career

From 2000 until 2007, Bischoff was chairman of EADS.^[2]

He was a member of the Daimler supervisory board since 2006, and its chairman from 2007^{[3] [4]} to 2015. Upon retirement, he was largely credited with the creation of Airbus and EADS by Airbus chairman Denis Ranque.^[5]

Bischoff was expected to be replaced by Dieter Zetsche in 2021 until Bernd Pischetsrieder was chosen as his successor instead.^{[6] [7]}

Other activities

Corporate boards

• Mercedes-Benz, Member of the Supervisory Board (since 2019)
• SMS Group, Member of the Supervisory Board (–2019)^[8]
• Airbus, Member of the Board of Directors (–2016)^[9]
• Fraport, Member of the Supervisory Board (2002-2012)^[10]
• UniCredit, Independent Member of the Board of Directors (2005–2016)^{[11] [12]}
• KPN, Member of the Board of Directors (2003–2013)
• Voith, Member of the Supervisory Board (1999–2014)
• Nortel, Member of the Board of Directors (2004–2009)^[13]
• Mitsubishi Motors, Member of the Board of Directors (2000–2004)^[14]
• Lagardère Group, Member of the Board of Directors (1998–2005)^[15]

Non-profit organizations

• American Academy in Berlin, Member of the Board of Trustees^[16]
• Deutsche Nationalstiftung, Member of the Senate^[17]
• German Cancer Research Center (DKFZ), Member of the Advisory Council^[18]
• Munich Academy of Fine Arts, Member of the Board of Trustees^[19]
• Trilateral Commission, Member of the European Group^[20]
• Technical University of Munich, Member of the Board of Trustees (since 1999)

Controversy

In 2007, Bischoff was one of several EADS senior executives who were questioned by French financial regulator AMF as part of an investigation into alleged insider trading.^{[21] [22]} Bischoff was cleared of any wrong-doing by the AMF.^[23]

Notes and References

1. Web site: Dr. rer. pol. Manfred Bischoff . Daimler . 29 May 2020.
2. https://www.ft.com/content/a49a6630-c160-11e8-8d55-54197280d3f7 Daimler chief Dieter Zetsche to step down after 12 years
3. James Mackintosh and Richard Milne (March 8, 2006), Daimler’s new chairman marks break with past Financial Times.
4. Maria Sheahan (October 1, 2015), Daimler Chairman Bischoff to serve another term Reuters.
5. Web site: Flying ahead ANNUAL REPORT 2015. 13. 2020-11-24.
6. https://www.daimler.com/documents/investors/news/capital-market-releases/daimler-mercedes-benz-ir-release-en-20180926.pdf Daimler sets its course for the future: Dieter Zetsche to succeed Manfred Bischoff in the Supervisory Board – Ola Källenius to become Chairman of the Board of Management of Daimler AG in 2019
7. Patrick McGee (September 26, 2018), Daimler chief Dieter Zetsche to step down after 12 years Financial Times.
8. https://www.sms-group.com/press-media/press-releases/press-detail/personnel-news-73/ Changes in the Supervisory Board and Managing Board
9. https://www.airbus.com/newsroom/press-releases/en/2016/03/new-board-members-proposal-agm2016.html Airbus Group Proposes New Board Members For Approval At AGM
10. https://www.manager-magazin.de/unternehmen/karriere/a-179751.html Fraport: Räte-Revirement
11. https://www.manager-magazin.de/unternehmen/karriere/a-387731.html Münchener Rück-Chefs im Verwaltungsrat
12. Giovanni Legorano (June 1, 2016), UniCredit Hit by Departure of Two Board Members Wall Street Journal.
13. https://www.sec.gov/Archives/edgar/data/72911/000090956704000876/t13267e8vk.htm Nortel Networks Corporation
14. https://www.mitsubishi-motors.com/en/corporate/pressrelease/corporate/detail880.html Changes to management
15. https://www.lagardere.com/press-room/press-releases/press-releases-363.html&idpress=2384 Press release of March 15, 2004
16. https://www.americanacademy.de/about/board-of-trustees/ Board of Trustees
17. https://www.nationalstiftung.de/die-stiftung/gremien/ Senate
18. https://www.dkfz.de/de/advisory-council/index.html Advisory Council
19. https://www.stiftungkunstakademie.de/stiftung/kuratorium.html Board of Trustees
20. http://trilateral.org/download/files/EU_list_4-15(1).pdf Membership
21. https://www.nytimes.com/2007/05/23/business/worldbusiness/23iht-eads.4.5843522.html Report: Top EADS officials being interviewed in insider trader case
22. Nicola Clark (October 5, 2007), New question raised about insider trading at EADS The New York Times.
23. Web site: Regulator finds evidence of EADS insider trading. Reuters. 2020-11-27.