Christoph Franz appointed Chairman of the Executive Board and CEO of Deutsche Lufthansa AG effective 1 January 2011
Adhoc Release pursuant to §15 of the Securities Trading Act (WpHG)
In its meeting today, the Supervisory Board of Deutsche Lufthansa AG named the Deputy Chairman of the Executive Board, Christoph Franz, as the successor to Wolfgang Mayrhuber, the current Chairman of the Executive Board and CEO of Deutsche Lufthansa AG. The appointment will be effective from 1 January 2011, for a term until 31 May 2014 in accordance with German stock corporation law. Carsten Spohr was also appointed to the Executive Board as of 1 January 2011, for a term of three years. Being responsible for Lufthansa German Airlines he will also chair the Lufthansa German Airlines Executive Board. As his successor for the position of Chairman and CEO at Lufthansa Cargo AG, Karl Ulrich Garnadt was proposed. He is currently a member of the Lufthansa German Airlines Executive Board with responsibility for Hub Management and Passenger Services.