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Deutsche Telekom Labor Director Schick Leaves for Health Reasons

Deutsche Telekom AG said Marion Schick, the management board member in charge of personnel, is leaving the German carrier for health reasons by mutual agreement.

The Bonn-based company did not immediately name a successor in an emailed statement today.

“With regard to my prolonged illness,” Schick said in the statement, “I fully understand the company’s interest to staff the position of board member for human resources and the function of labor director again.”

Schick had been on sick leave for months. Her tasks, including leading wage talks, have been handled by Thomas Kremer, who is responsible for legal affairs and compliance, a person familiar with the matter told Bloomberg News earlier today.

Schick was a former minister of education for the German state of Baden-Wuerttemberg. Her departure comes after Deutsche Telekom (DTE) agreed on a wage increase of at least 4.6 percent over two years for 55,000 full-time employees in Germany, and amid efforts to eliminate jobs at the T-Systems unit.

Schick’s compensation totaled 1.58 million euros ($2.2 million) last year, according to Deutsche Telekom’s annual report.

To contact the reporter on this story: Cornelius Rahn in Berlin at crahn2@bloomberg.net

To contact the editors responsible for this story: Chad Thomas at cthomas16@bloomberg.net; Kenneth Wong at kwong11@bloomberg.net Mark Beech, Kenneth Wong

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