Lufthansa has appointed Carsten Spohr as its new chief executive.
Carsten Spohr, Lufthansa's new CEO. Photo, courtesy of Lufthansa.
Spohr is currently a board member overseeing the business segment for Lufthansa Passenger Airlines, and will assume his new role May 1, 2014. He will follow current CEO Christoph Franz, whose contract runs out at the end of May. Germany's largest carrier has been searching for a new CEO since September, when it was announced that Franze would leave to become chairman at Swiss pharmaceuticals company Roche.
As a Lufthansa man ‘born and bred’, I view the appointment as the new CEO as both an honor and an obligation. I look very much forward to this important task and I am convinced that the company is on the right track. The cornerstones for the future success are in place," said Spohr. The new CEO was first appointed to the management board of Lufthansa Passenger Airlines in October 2004.