Two-tier management and supervisory structure
As is common in Germany, Deutsche Lufthansa AG has a split management and supervisory structure. The Executive Board is responsible for managing the Company; it defines its strategic direction and strives for sustainable increases in its value. The Supervisory Board appoints, advises and supervises the Executive Board.
Christoph Franz heads new Executive Board team
The Lufthansa Group is managed by four Board members. Since 1 January 2011 Christoph Franz has led the Executive Board team as Chairman of the Executive Board and CEO, succeeding Wolfgang Mayrhuber. Christoph Franz was previously deputy Chairman of the Executive Board of Deutsche Lufthansa AG and Chairman of Lufthansa Passenger Airlines at the same time.
Since 1 January 2011 Carsten Spohr has been a Member of the Executive Board of Deutsche Lufthansa AG and responsible for Lufthansa Passenger Airlines. The Executive Board also consists of the Chief Financial Officer (Stephan Gemkow) and the Chief Officer Group Airlines and Corporate Human Resources (Stefan Lauer).
Deutsche Lufthansa AG is the parent company and at the same time the largest single operating company in the Group. The individual business segments are run as separate Group companies, with the exception of Lufthansa Passenger Airlines.
They have their own profit and operating responsibility and are monitored by their respective supervisory boards, in which members of the Group’s Executive Board are also represented. Further information can be found in the Notes to the consolidated financial statements .