Personnel Changes to the Management Board of DHL Group

"We are delighted to have Oscar de Bok lead the Global Forwarding, Freight division. His outstanding track record as CEO of our DHL Supply Chain division, combined with his deep understanding of our business, makes him an ideal candidate to accelerate sustainable growth in our forwarding and freight business. We are pleased to have found a first-class successor for Oscar de Bok in Hendrik Venter, who has successfully led DHL Supply Chain businesses across different markets and regions. We wish them both the best of success," she added.

"I would like to express my heartfelt thanks to Tim Scharwath. I am looking forward to continuing to work with Oscar de Bok in his new role and welcoming Hendrik Venter to the Management Board. Both colleagues have exceptional expertise, experience, and leadership skills, which will benefit our customers, our company, and our shareholders," said Tobias Meyer, Chief Executive Officer of DHL Group.

De Bok joined DHL Group in 1999 and was Managing Director of DHL Supply Chain for several countries and regions, including Italy, the Nordics, and Asia. In October 2019, he was named to the role of CEO of DHL Supply Chain. De Bok has been appointed CEO Global Forwarding, Freight until August 2030.

Venter has more than 15 years of experience in management positions at DHL Supply Chain. In October 2019, he took on the role of CEO of DHL Supply Chain Mainland Europe, Middle East, and Africa. In this position, he was responsible for the DHL Supply Chain business in 25 different markets, focusing on strengthening and expanding the region's growth, as well as driving standardization.