Daimler AG Mercedes-Benz (OTCMKTS: DMLRY)
Per the company website, Daimler AG is the publicly listed parent company of Mercedes-Benz AG, Daimler Truck AG, and Daimler Mobility AG. Per Daimler North America Corporation's LinkedIn company page, it is a US subsidiary of Daimler AG.
Inquiry made to Daimler AG on August 26, 2019. Response received from Corporate Communications Manager Andrea Berg on August 26, 2019. Ms. Berg requested a call for clarifying information. Call held August 26, 2019.
Received subsequent email from Ms. Berg stating the following, "As stated on the phone Daimler AG is not operating as such in the United States. The parent company in the United States for all Daimler companies is Daimler North America Corporation (DNAC). However DNAC and subsidiaries which include Mercedes-Benz USA have their own HR departments and their own employee handbooks. Further to your inquiry I can now confirm that Daimler North America Corporation employees don’t have a contractual provision mandating arbitration of employment claims. In addition, there is no requirement to arbitrate employment claims set forth in the company handbook. Therefore, there is no mention of opt-out of arbitration possibility for sexual harassment claims."
Given parent company (Daimler AG) commented only on the company's U.S. policies this company's status is currently listed as "policies of concern." Follow up email sent on September 9, 2019 with clarifying questions. Awaiting response.
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