logo
Lufthansa chairman announces departure, search for successor on track

Lufthansa chairman announces departure, search for successor on track

Reuters06-05-2025

Lufthansa planes stand parked at Frankfurt airport in Frankfurt, Germany, March 7, 2024. REUTERS/ Kai Pfaffenbach/File Photo Purchase Licensing Rights , opens new tab
Item 1 of 2 Lufthansa planes stand parked at Frankfurt airport in Frankfurt, Germany, March 7, 2024. REUTERS/ Kai Pfaffenbach/File Photo
Companies
Deutsche Lufthansa AG
Follow
FRANKFURT, May 6 (Reuters) - Lufthansa (LHAG.DE)
, opens new tab Chairman Karl-Ludwig Kley will not run again as head of the German airline group's supervisory board, he told an annual investors' meeting on Tuesday, adding that the search for a successor in 2026 was on track.
The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here.
Reporting by Ilona Wissenbach, Writing by Rachel More Editing by Ludwig Burger
Our Standards: The Thomson Reuters Trust Principles. , opens new tab
Share X
Facebook
Linkedin
Email
Link
Purchase Licensing Rights

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

German economy to grow after two straight years of contraction, IfW says
German economy to grow after two straight years of contraction, IfW says

Reuters

time32 minutes ago

  • Reuters

German economy to grow after two straight years of contraction, IfW says

BERLIN, June 12 (Reuters) - The German economy is expected to grow this year following two consecutive years of contraction, the Kiel Institute for the World Economy (IfW) said on Thursday. The economic institute raised its forecast to 0.3% growth from the stagnation it had previously envisaged. The revision is due to a better-than-expected first quarter, when the economy grew by 0.4%. "The German economy is seeing some light at the end of the tunnel," the economists said in their new forecasts. They are also more optimistic about next year, raising the forecast for Europe's largest economy to 1.6% growth from the previous forecast of 1.5% in 2026.

Deutsche Bank's deal-making business weaker than expected, CEO says
Deutsche Bank's deal-making business weaker than expected, CEO says

Reuters

timean hour ago

  • Reuters

Deutsche Bank's deal-making business weaker than expected, CEO says

FRANKFURT, June 12 (Reuters) - Deutsche Bank's ( opens new tab origination and advisory business is not as strong as the German bank had expected at the beginning of the year, CEO Christian Sewing said on Thursday. Sewing said at a financial conference that the deal-making business will be weaker in the second quarter than executives had initially thought at the start of 2025, but he added that deals were being delayed and not cancelled.

UK's Segro names Susanne Schroeter-Crossan as its new CFO
UK's Segro names Susanne Schroeter-Crossan as its new CFO

Reuters

time2 hours ago

  • Reuters

UK's Segro names Susanne Schroeter-Crossan as its new CFO

June 12 (Reuters) - Warehouse landlord Segro (SGRO.L), opens new tab on Thursday named Susanne Schroeter-Crossan as its new chief financial officer to succeed Soumen Das, who will step down from the role at the end of the year. Schroeter-Crossan, currently the CFO of Germany-based freight and logistics provider Sennder Technologies GmbH, is set to join Segro's board as an executive director on December 1. Under Das's eight-year tenure as finance chief, Segro's shares have risen over 55% in value. In April, the company reported strong increases in rent reviews and renewals in Britain during the first quarter.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store