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 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.