- Implementation of the settlement among the Financial Stabilization Fund (WSF) and Lufthansa on illustration of the Federal Governing administration on the Supervisory Board
- Angela Titzrath and Michael Kerkloh are to be legally appointed as new customers
- Monika Ribar and Martin Koehler will be stepping down
It is agreed, amongst other things, in the stabilization bundle of the Financial Stabilisation Fund (WSF) of the Federal Republic of Germany for Deutsche Lufthansa AG, that the Federal Governing administration could appoint two customers to the Supervisory Board of the Corporation in its part as shareholder. This part of the settlement has now been finished with the appointment of Angela Titzrath and Michael Kerkloh.
Angela Titzrath and Michael Kerkloh will before long be appointed as new customers of the Supervisory Board by court docket purchase. As agreed, the Chairman of the Supervisory Board of Deutsche Lufthansa AG, Karl-Ludwig Kley, had the correct to propose new customers and the German goverment verified the nominations. In purchase to allow the appointment of two new customers, the latest Supervisory Board customers Monika Ribar and Martin Koehler are resigning from their positions with speedy influence. Monika Ribar has been a member of the Supervisory Board of Deutsche Lufthansa AG given that 2014. Martin Koehler is the longest-serving member of the Supervisory Board, which he joined in 2010. His phrase would have ended in 2023 without him staying qualified for re-election.
Karl-Ludwig Kley says: With this alter we are fulfilling a main ailment of the stabilization bundle. I would like to thank Monika Ribar and Martin Koehler for their numerous several years of committed work on the Supervisory Board. With them we are getting rid of two confirmed professionals who have always contributed their considerable administration experience and airline skills in the pursuits of the enterprise. At the similar time, with Angela Titzrath we are attaining an expert manager who will enrich the Supervisory Board with her wide skills from a variety of industries and companies. Her experience in logistics and her understanding of staff coverage problems will be of terrific worth to our Supervisory Board. Michael Kerkloh has productively managed the airports in Hamburg and Munich for numerous several years. He will carry his numerous several years of experience and his deep knowledge of the aviation business to the Supervisory Board.
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