Air, Freight News

Cargo airline’s CEO confirmed for another five years

[ August 31, 2016   //   Gary G Burrows ]

Peter Gerber will lead Lufthansa Cargo as CEO and Chairman of the Executive Board for another five years. The company’s Supervisory Board has unanimously agreed an early extension of his contract to April 30, 2022.

Lufthansa Cargo has initiated a comprehensive restructuring process in recent months aimed at achieving a sustainable increase in the airline’s profitability once again.

Peter Gerber has been CEO and Chairman of the Executive Board of Lufthansa Cargo AG since May 2014. Before that, the 52-year-old was on the Executive Board of Lufthansa Passenger Airlines, where he headed up the Human Resources, IT & Services division. Gerber was Board Member for Finance and Human Resources at Lufthansa Cargo between 2009 and 2012.

Tags: Lufthansa Cargo