Cargolux CEO/CFO update

admin
By admin July 1, 2016 09:27

Cargolux CEO/CFO update

A day after Cargolux president and CEO Dirk Reich announced he intended to step down as CEO, the Luxembourg-based all-cargo carrier confirmed that current executive vice president and CFO Richard Forson will step in to take on the roles of president and CEO. Reich, who joined Cargolux in May 2014, will leave Cargolux “for personal reasons” at the end of July, the company said.

Reich has asked the board of directors for an early termination of his contract, which the company said should be approved soon.

“On behalf of the Board of Directors, I want to express my heartfelt thanks to Dirk for his significant contribution to the success and development of Cargolux, especially in China, but also elsewhere,” said Paul Helminger, chairman of Cargolux’s board of directors, crediting Reich’s passion and dedication for setting the carrier “on a path of growth” to become a global player in airfreight. “I am personally sad to see Dirk leaving us, but I respect his decision that is based on personal reasons beyond the air cargo business and the Cargolux family,” he added.

Maxim Strauss, vice president of corporate development, will take on Forson’s executive vice president and CFO responsibilities for Cargolux.

admin
By admin July 1, 2016 09:27