STUTTGART -- Hilmar Kopper is likely to be re-elected chairman of DaimlerChrysler's supervisory board until 2007, an invitation to the company's annual shareholder meeting showed Friday.
According to the agenda of the meeting in Berlin on April 7, Kopper, a former Deutsche Bank chief executive, is among a group of supervisory board members up for re-election.
The re-elected members will then select their chairman, and analysts see Kopper's return as a formality given that Deutsche Bank owns 12.4 percent of DaimlerChrysler and that he is a close ally of DaimlerChrysler Chief Executive Juergen Schrempp.
Kopper's re-election will help underpin Schrempp's strategy of creating a global car company that has acquired stakes in Hyundai and Mitsubishi.
Daimler said Wednesday that it planned to extend Schrempp's contract to 2008, giving the chief executive four more years to salvage his dream of creating a global carmaker.