February 20th, 2011

Christine Hohmann-Dennhardt is the first ever female member on the Daimler board. Hohmann-Dennhardt, a former supreme court judge, will serve as a Board of Management member for Integrity and Legal Affairs.

Daimler admitted it made hundreds of “improper payments” to foreign government officials. The US investigated the company and in April 2010 they paid a $185 million settlement.

In addition, Germany is in the process of trying to “feminize” corporate boards. According to Die Welt, there are only a few women were board directors of companies listed on the DAX bourse whereas there are 182 men and there is no female CEO at any of the top 100 German companies.