Four out of six members of the Executive Board are leaving the Group almost simultaneously, and the Supervisory Board is also eliminating one Executive Board position entirely. Only the CEO Carsten Spohr and the former Chief Human Resources Officer Michael Niggemann will remain.
Lufthansa announced this Group Executive Board mega-restructuring on February 22 in the evening. From July 1, Continue reading “Lufthansa share price slips – risk of strike and Executive Board restructuring”