Daimler’s Bernhard Given 5-Year Contract, Handelsblatt Says

Daimler AG board member Wolfgang Bernhard, who is deputy head of the Mercedes brand, has been given a new five-year contract, Handelsblatt reported in a preview of an article to be published tomorrow, citing unidentified people with knowledge of the contract.

The appointment puts Bernhard in prime position to succeed Dieter Zetsche as Daimler’s chief executive officer, Handelsblatt said.

Marc Binder, a spokesman for Daimler, didn’t immediately respond to an e-mail and telephone call seeking comment.

To contact the reporter on this story: Alex Webb in Frankfurt at awebb25@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

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