Supervisory Board Prolongs Contract of Walter Gehl
Neu-Isenburg, Germany — The Supervisory Board of LSG Lufthansa Service Holding AG (LSG Holding) has unanimously prolonged the contract of Walter Gehl, CEO and Chairman of the Executive Board, for another five -year period running through September 2014.
Walter Gehl assumed office as Chief Executive Officer of LSG Holding on March 9, 2005 and holds responsibility for the Corporate Functions, Finance, Information Management and Human Resources. He joined LSG Holding as Chief Financial Officer on October 1, 2004 and became the interim spokesman for the Executive Board when his predecessor resigned on November 23, 2004.
Being a Board Member within the Lufthansa Group (Lufthansa Cargo from 1995 to 2001, Lufthansa Passenger Airline from 2001 to 2004) for more than 14 years, Walter Gehl is one of the longest-serving company executives at his level. He joined the Lufthansa Group in 1981 after completing his studies in business administration.
Walter Gehl is also Chairman of the Supervisory Boards of Albatros Versicherungsdienste GmbH and member of the Supervisory Board of the Vineta/MACS (Maritime Carrier Shipping) GmbH shipping company.
The LSG Group is the world’s leading provider of end-to-end onboard products and services for the travel industry. It possesses a strong portfolio of independent expert brands: LSG Sky Chefs (catering and hospitality, including lounges), Retail inMotion (onboard retail), SPIRIANT (onboard equipment) and Evertaste (convenience food). The LSG Group is headquartered in Neu-Isenburg, near Frankfurt, Germany. In 2017, its almost 35,000 employees achieved consolidated revenues of EUR 3.2 billion. Additionally, the LSG Group has a rich network of joint ventures and partnerships partners around the globe, employing more than 20,000 staff and generating non-consolidated revenues of EUR 1.3 billion. www.lsg-group.com