Total Compensation: $ —
Dr. Clemens Borsig joined our Management Board in January 2001. He has worked with us since 1999, when he joined us as our Chief Financial Officer. He is also our Chief Risk Officer and responsible for our corporate governance. From 1997 to 1999, Dr. Borsig worked for RWE AG, in Essen, Germany, as a member of the management board and as chief financial officer. Prior to this position, he was employed by Robert Bosch GmbH in Stuttgart, Germany, where he was hired in 1985 as the head of Corporate Planning and Controlling. In 1990, he was appointed to the management board at Bosch. From 1977 to 1985, Dr. Borsig held a number of positions at Mannesmann Group in Dusseldorf, Germany, including head of Corporate Planning at Mannesmann-Kienzle GmbH and chief financial and administrative officer at Mannesmann-Tally. From 1973 to 1977, he was an assistant professor at the Universities of Mannheim and Munich. Dr. Borsig's educational history includes studies in business administration and mathematics. He graduated with a Ph.D. in Business Administration from the University of Mannheim. Dr. Borsig engages in the following principal business activities outside our company: He is a supervisory board member at Heidelberger Druckmaschinen AG and also holds a nonexecutive directorship at Foreign & Colonial Eurotrust Plc. He was deputy chairman of the supervisory board of EUROHYPO AG until May 2005. On May 3, 2006, Dr. Clemens Borsig left the Management Board and, with effect from May 4, 2006, was appointed member of the Supervisory Board by the court. The General Meeting on June 1, 2006 elected him for the remainder of the term of office of the Supervisory Board. Subsequently, the Supervisory Board reelected him as its Chairman.
Total Compensation: $ 5.67 M
Hermann-Josef Lamberti was appointed a member of our Management Board in 1999. He is our Chief Operating Officer and a member of the Group Executive Committee. He joined us in 1998 as an Executive Vice President, based in Frankfurt. Mr. Lamberti began his professional career in 1982 with Touche Ross in Toronto and subsequently joined Chemical Bank in Frankfurt. From 1985 to 1998 he worked for IBM, initially in Germany in the areas Controlling, Internal Application Development and Sales Banks/Insurance Companies. In 1993, he was appointed General Manager of the Personal Software Division for Europe, the Middle East and Africa at IBM Europe in Paris. In 1995, he moved to IBM in the U.S., where he was Vice President for Marketing and Brand Management. He returned to Germany in 1997 to take up the position of Chairman of the Management of IBM Germany in Stuttgart. Mr. Lamberti studied Business Administration at the Universities of Cologne and Dublin and graduated in 1982 with a master's degree in Business Administration. Mr. Lamberti engages in the following principal business activities outside our company: He is a member of the supervisory board or similar bodies of Deutsche Borse AG, Fiat S.p.A. and Carl Zeiss AG and was a member of the supervisory board of Schering AG until March 2006.
Total Compensation: $ 5.60 M
Anthony Di Iorio became a member of our Management Board on May 4, 2006. He is our Chief Financial Officer and a member of the Group Executive Committee. He joined Deutsche Bank in April 2001 as Head of Corporate Center Controlling and shortly thereafter became the Group Controller, based in Frankfurt. Mr. Di Iorio began his professional career with KPMG. Joining as a member of their audit department in New York, he later moved to the management consulting unit and was ultimately responsible for the financial institutions advisory practice in the Midwest region of the United States, based in Chicago. His career in the financial services industry includes positions at Goldman Sachs & Co. (serving in several capacities in the finance function, ultimately as Co-Controller, based in New York), Bank of America (then: Nationsbank, Chief Financial Officer of the trading & sales and corporate finance businesses, based in Charlotte/North Carolina), and PaineWebber Group (joining as Executive Vice President in New York, ultimately Chairman/Chief Executive Officer of PaineWebber International, Ltd., based in London). Mr. Di Iorio holds a Bachelor of Business Administration from Iona College and a Master of Business Administration from Columbia University and qualified as a Certified Public Accountant in New York.
Total Compensation: $ 5.62 M
Dr. Hugo Banziger became a member of our Management Board on May 4, 2006. He is our Chief Risk Officer and a member of the Group Executive Committee. He joined Deutsche Bank in London in 1996 as Head of Global Markets Credit. He was appointed Chief Credit Officer in 2000 and became Chief Risk Officer for Credit and Operational Risk in 2004. Dr. Banziger began his career in 1983 at the Swiss Federal Banking Commission in Berne. From 1985 to 1996, he worked at Credit Suisse in Zurich and London, first in Retail Banking and subsequently as Relationship Manager in Corporate Finance. In 1990 he was appointed Global Head of Credit for CS Financial Products. He studied Modern History, Law and Economics at the University of Berne where he subsequently earned a doctorate in Economic History. Dr. Bunziger engages in the following principal business activities outside our company: He is a member of the Supervisory Board of EUREX Clearing AG, EUREX Frankfurt AG and a member of the Board of Directors of EUREX Zurich AG.
Total Compensation: $ —
Prof. Dr. Henning Kagermann, Chairman and CEO of SAP AG, Walldorf. Supervisory board memberships and other directorships: DaimlerChrysler Services AG (until July 2006); Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft.
Total Compensation: $ 2.31 M
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Total Compensation: $ 13.98 M
Dr. Josef Ackermann joined Deutsche Bank as a member of the Management Board in 1996, where he was responsible for the investment banking division. On May 22, 2002, Dr. Ackermann was appointed Spokesman of the Management Board and Chairman of our Group Executive Committee. On February 1, 2006, he was appointed Chairman of the Management Board. After studying Economics and Social Sciences at the University of St. Gallen, he worked at the University's Institute of Economics as research assistant and received a doctorate in Economics. Dr. Ackermann started his professional career in 1977 at Schweizerische Kreditanstalt (SKA) where he held a variety of positions in Corporate Banking, Foreign Exchange/Money Markets and Treasury, Investment Banking and Multinational Services. He worked in London and New York, as well as at several locations in Switzerland. Between 1993 and 1996, he served as President of SKA's Executive Board, following his appointment to that board in 1990. Dr. Ackermann is a member of the Supervisory Board of Siemens AG (Second Deputy Chairman) and a member of the International Advisory Council of Zurich Financial Services Group (since January 2007). Until April 2007, he was a member of the Supervisory Board of Bayer AG.
Total Compensation: $ —
Prof. Dr. jur. Dr.-Ing. E. h.,Heinrich von Pierer: Chairman of the supervisory board of Siemens AG, Munich. Supervisory board memberships and other directorships: Hochtief AG; Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft; ThyssenKrupp AG; Volkswagen AG.
Total Compensation: $ —
Dipl.-Ing. Dr.-Ing. E. h. Jurgen Weber, Chairman of the supervisory board of Deutsche Lufthansa AG, Cologne. Supervisory board memberships and other directorships: Allianz Lebensversicherungs-AG; Bayer AG; Deutsche Post AG (chairman); Voith AG; LP Holding GmbH (chairman); Tetra Laval Group, Willy Bogner GmbH & Co. KGaA.
Total Compensation: $ —
Rolf Hunck: Member of the management body of PWM Germany of Deutsche Bank AG, Hamburg. Supervisory board memberships and other directorships: Fibula Finanz AG; HCI Capital AG; Kuhne-Stiftung, Switzerland.
Total Compensation: $ —
Henriette Mark, Chairperson of the combined staff council Munich and Southern Bavaria of Deutsche Bank AG.
Total Compensation: $ —
Gabriele Platscher: Chairperson of the combined staff council Braunschweig/Hildesheim of Deutsche Bank AG. Supervisory board memberships and other directorships: Deutsche Bank Privat- und Geschaftskunden AG; BVV Versicherungsverein des Bankgewerbes a.G.
Total Compensation: $ —
Karin Ruck, Deputy Chairperson of the combined staff council Frankfurt branch of Deutsche Bank AG. Supervisory board memberships and other directorships: Deutsche Bank Privat- und Geschaftskunden AG; BVV Versicherungsverein des Bankgewerbes a.G.
Total Compensation: $ —
Leo Wunderlich, Chairman of the group staff council of Deutsche Bank AG.
Total Compensation: $ —
Gerd Herzberg: Deputy Chairman of ver.di Vereinte Dienstleistungsgewerkschaft, Berlin. Supervisory board memberships and other directorships: Deputy Chairman of ver.di Vereinte Dienstleistungsgewerkschaft, Berlin Franz Haniel & Cie GmbH (deputy chairman); DBV Winterthur Lebensversicherung AG; BGAG - Beteiligungsgesellschaft der Gewerkschaften AG; DAWAG - Deutsche Angestellten Wohnungsbau AG (chairman); Vattenfall Europe AG.
Total Compensation: $ —
Dr. Theo Siegert, Managing Partner of de Haen Carstanjen & Sohne, Dusseldorf. Supervisory board memberships and other directorships: Celesio AG (chairman; until April 2006); ERGO AG; Metro AG (chairman; until February 2006); Merck KGaA; E. Merck OHG, (member of the shareholders' committee); DKSH Holding Ltd. (member of the board of administration); Takkt AG (until May 2006).
Heidrun Forster - Deputy Chairman/Director/Chairman of the Board, Subsidiary
Total Compensation: $ —
Heidrun Forster, Deputy Chairperson of the Supervisory Board of Deutsche Bank AG; Chairperson of the combined staff council Berlin of Deutsche Bank AG.
Total Compensation: $ —
Peter Kazmierczak, Deputy chairman of the combined staff council Ruhrgebiet-West of Deutsche Bank AG.
Total Compensation: $ —
Sabine Horn, Employee of Deutsche Bank AG, Frankfurt.
Total Compensation: $ —
Tilman Todenhofer, Managing Partner of Robert Bosch Industrietreuhand KG, Stuttgart. Supervisory board memberships and other directorships:Robert Bosch GmbH; Robert Bosch Int. Beteiligungen AG (president of the board of administration); Carl Zeiss AG (chairman); Schott AG (chairman).
Total Compensation: $ —
Ulrich Kaufmann, Member of the combined staff council Dusseldorf of Deutsche Bank AG.
Total Compensation: $ —
Dr. Karl-Gerhard Eick, Principal occupation: Deputy Chairman of the board of managing directors of Deutsche Telekom AG, Bonn. Supervisory board memberships and other directorships: DeTe Immobilien Deutsche Telekom Immobilien und Service GmbH; T-Mobile International AG; T-Online International AG (until June 2006); T-Systems Enterprise Services GmbH; T-Systems Business Services GmbH; GMG Generalmietgesellschaft mbH (chairman, until March 2006); Sireo Real Estate Asset Management GmbH (chairman, until June 2006); FC Bayern Munchen AG.
Total Compensation: $ —
Ulrich Hartmann, Chairman of the supervisory board of E.ON AG, Dusseldorf. Supervisory board memberships and other directorships: Deutsche Lufthansa AG; Hochtief AG; IKB Deutsche Industriebank AG (chairman); Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft; ARCELOR (until September 2006); Henkel KGaA (member of the shareholders' committee).
Total Compensation: $ —
Maurice Levy, Chairman and Chief Executive Officer, Publicis Groupe S.A. Paris. Supervisory board memberships and other directorships: Publicis Conseil SA (France); Publicis USA Holdings, Inc. (USA); Medias et Regies Europe SA (France); MMS USA Holdings, Inc.; Fallon Group, Inc. Levy was elected member of the Supervisory Board by the General Meeting on June 1, 2006, for the remainder of the Supervisory Board's term of office.
Total Compensation: $ —
Sir Peter Job, Supervisory board memberships and other directorships: chroders Plc; Tibco Software Inc.; Royal Dutch Shell; Mathon Systems (Advisory Board, since January 2007).
Total Compensation: $ —
On March 19, 2008, the Supervisory Board appointed Stefan Krause as member of the Management Board effective April 1, 2008. Mr. Krause became a member of the Board of Management of BMW AG in May 2002, served as Chief Financial Officer until September 2007 and subsequently had functional responsibility for Sales and Marketing. As a member of the Management Board of Deutsche Bank AG, Mr. Krause will take on the responsibilities of Chief Financial Officer with effect from Mr. Di Iorio's retirement on October 1, 2008.
