Lufthansa press release: Walter Gehl appointed LSG's Chief Executive Officer
Supervisory Board approves reduction of Executive Board
The Supervisory Board of LSG Lufthansa Service Holding AG appointed Walter Gehl as Chief Executive Officer and assigned a seat on the Board to Jochen Müller at its meeting today. As long since planned, Ulrich Bröscher and Hans Albrecht stepped down today from the Executive Board of LSG Holding at their own request. Thomas Nagel will, as announced last year, succeed Ulrich Bröscher.
As a further step in the restructuring of LSG, the Supervisory Board has reduced the number of Executive Board positions from four to three. Walter Gehl (52), interim CEO since November 2004, will in future as Chief Executive Officer be responsible for Finance, Human Resources and IT as well as the Corporate Functions. Jochen Müller (43), an internationally experienced manager, will head the newly created Solutions Division with responsibility for creating innovative inflight service solutions for the airline business. Jochen Müller was previously responsible as Chief Operating Officer for the Europe/Middle East/Africa region at LSG Sky Chefs.
Ulrich Bröscher (60), previously in charge of the Operations Division, is going into retirement after 30 years’ service with LSG and two extensions of his term on the Executive Board. His successor, Thomas Nagel (55), will also oversee sales activities alongside his responsibility for Operations.
Hans Albrecht (58) had been in charge of Human Resources on the LSG Holding Executive Board since March 2002. He was additionally responsible for LSG’s organizational realignment within a worldwide program aimed at reducing administrative cost over the past two years. Hans Albrecht is stepping down for personal reasons.
The LSG Supervisory Board is indebted to Ulrich Bröscher and Hans Albrecht for their commitment and intensive support in the restructuring of the company.
Deutsche Lufthansa AG
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The LSG Group is the world’s leading provider of end-to-end on-board products and services. These include catering, onboard retail and entertainment, onboard equipment and logistics, consulting and lounge services. The company’s dedication to culinary excellence and expertise in logistics has led to its successful entry into adjacent markets like train services and convenience retail. Its catering activities are marketed under the “LSG Sky Chefs” brand name, through which it delivers 591 million meals a year and is present at 211 airports in 50 countries. In 2015, the companies belonging to the LSG Group achieved consolidated revenues of € 3.0 billion.