Lufthansa: Spohr's mandate extended by five years
Air carrier currently in the process of taking control of ITA Airways
The Supervisory Board of Deutsche Lufthansa AG has appointed Carsten Spohr as CEO and Remco Steenbergen as CFO for five more years.
Carsten Spohr has been a member of the Executive Board of Deutsche Lufthansa AG since 2011 and its chairman since 2014. His contract has been extended until the end of December 2028.
Karl-Ludwig Kley, the Chairman of the Supervisory Board of Deutsche Lufthansa AG, said: "Carsten Spohr successfully leads Lufthansa as CEO for the past eight years. During this time, he has not only mastered the most difficult crises and challenges but has also been responsible for the most economically successful years in the Group's history. With his experience, competence and personality, he is the right person to also master the challenges ahead".
The contract of Chief Financial Officer Remco Steenbergen, who has been a member of the Executive Board of Deutsche Lufthansa AG since January 1, 2021, was also extended. He was also appointed until the end of December 2028.
After completing a degree in Engineering Management, Carsten Spohr obtained a commercial pilot’s license at Lufthansa’s pilot school. Over the course of his aeronautical career, he earned his captain’s license, which he has maintained ever since. After a switch to Deutsche Aerospace AG in Munich, he returned to Lufthansa in 1994. In 1998, he took over the responsibility for Lufthansa’s partnerships, first on a regional and later on a global level, including Star Alliance. In 2004, he joined the Divisional Board of Lufthansa Passage, and was appointed CEO of Lufthansa Cargo AG in 2007. He has been a Member of the Executive Board of Deutsche Lufthansa AG since 2011, and its chairman since 2014.
The German airline is currently in the process of taking control of the Italian carrier ITA Airways and is expected to announce tomorrow that it will be back in profit in 2022, after two years of heavy losses. Adjusted operating profit is expected to reach €1.5 billion, driven by a strong recovery in air travel after restrictions during the pandemic period.
AVIONEWS - World Aeronautical Press Agency