Carsten Spohr – Lufthansa boss will remain until 2028 – Economy

Deutsche Lufthansa AG has prematurely extended the contract with its CEO Carsten Spohr. The manager, who has been in office since 2014, is to steer the MDax group in his third term for five more years until the end of 2028. CFO Remco Steenbergen, appointed in 2021, was also confirmed until the end of 2028. Together, the two managers led the group through the existence-threatening Corona crisis, during which the company received government aid worth billions, but repaid it in full at the end of 2022. The managers’ current contracts were valid until the end of the year. “They will be particularly important when it comes to securing a successful future for the Lufthansa Group,” said Karl-Ludwig Kley, Chairman of the Supervisory Board. The 56-year-old industrial engineer Spohr is a trained pilot and has worked for the group since 1994 after an interlude at Deutsche Aerospace AG.

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