Stefan Schulte will remain the CEO of Fraport AG for another three years. The decision was taken by Fraport’s supervisory board today (September 15). The move means his contract will continue from September 1, 2024 until August 31, 2027. In taking the step, the supervisory board is recognizing his success in developing the Fraport Group’s business both inside and outside Germany. 

 One initiative launched under CEO Schulte is Fraport's commitment to operate carbon-free across the Group by no later than 2045. In addition, significant infrastructure expansion projects are underway in Frankfurt, Lima, and Antalya. 
 
Schulte, who completed qualifications in banking and economics with a doctorate degree, began his career at Fraport AG as the company’s Chief Financial Officer. In addition to the role as CFO, he was appointed deputy chairman in April 2007 and he has served as Fraport’s CEO since September 2009.