Menne to lease Lufthansa

Dino D'Amore
By Dino D'Amore June 10, 2016 19:32

Menne to lease Lufthansa

Simone Menne has asked the Supervisory Board of Deutsche Lufthansa for the early termination of her assignment to the company’s Executive Board with effect from 31 August, to pursue individual career options.

Menne, who is 56, has been serving as a member of the Executive Board and CFO of the Lufthansa Group since 1 July 2012. The Supervisory Board says that it regrets Menne’s decision but has, after careful consideration, acceded to her request to be prematurely released from her contractual obligations.

As a result, Ms. Menne will step down from the Executive Board by mutual agreement on 31 August. A decision on her successor will be taken shortly.

“We take this opportunity already to offer Simone Menne our sincere thanks for all her tireless and successful endeavors,” says Wolfgang Mayrhuber, Chairman of the Supervisory Board of Deutsche Lufthansa. “Through her outstanding achievements, Ms. Menne has made a vital contribution to the further development of the Lufthansa Group in highly challenging times. She has always steered a steady course, and has never shied away from difficult decisions.”

“In Simone Menne,” Mayrhuber continues, “we are losing an experienced executive who has proven her worth time and again in her long Lufthansa career and the functions she has held in various business areas both in and outside Germany. And for all of this I offer her my express thanks, on behalf of the whole Supervisory Board and the entire Lufthansa Group. The Supervisory Board wishes Menne all the very best for both her personal and her professional future.”

Carsten Spohr, Chairman of the Executive Board & CEO of Deutsche Lufthansa, adds: “Simone Menne has enriched the work of our Executive Board – not only with her proven expertise and her many years of experience, but also through her own personal character. Her great achievement on maintaining the Lufthansa Group’s financial strength in parallel with its further strategic development is firmly in the tradition of our company’s sound finance and investment policy, and gives us a strong foundation on which to continue our work and sustain our success.”

Dino D'Amore
By Dino D'Amore June 10, 2016 19:32