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Zetsche receives afterwards more than one million annual euros



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Updated on January 27, 2019, at 5:01 p.m.

After its departure in May, the general director of Daimler, Dieter Zetsche, can wait with the company's highest pension paid by a CEO.

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Dieter Zetsche will receive at least 1.05 million euros of retirement pension after his departure as head of Daimler.




The successor is already set, as Zetsches returns to the company.

"Additionally, additional claims may arise," Daimler spokeswoman for the German press agency said and confirmed a "Bild am Sonntag" report.

In May, Zetsche will deliver his position as Chief Executive Officer to the former Development Chief, Ola Källenius. Your pension will be paid as of 2020.

The 1.05 million euros are, according to the speaker, as the annual retirement in the last Daimler Annual Report 2017. The amount has frozen since the end of 2005 at this level.

Although the claim has not been adjusted for 14 years, import is a new record: the largest occupational pension in Germany has until now received the CEO of VW, Martin Winterkorn. This amounted to around 3,100 euros per day.

Almost 4.250 euros per day

According to the spokesman, there are two sums that can not be added: like all Daimler AG executives, the CEO is entitled to an annual capital component of the current pension system.

"Postponed by Dieter Zetsche, from the year 2013, a frozen capital amount would mathematically lead to an additional annual pension of about 500,000 euros," said the spokesman. This will become Zetsche to receive about 4,250 euros per day.

It is also expected that Zetsche joins the Supervisory Board after a so-called cooling phase in 2021. In addition, there is usually money for it.

But the rapporteur underlines: "What will be paid then and if it will be paid will be redefined." (Arg / dpa)




The chief executive officer of Daimler, Dieter Zetsche, begins very soon with the job search. For the Christmas video message to his employees, he even has an interview with Santa Claus.

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