The Supervisory Board of Fraport AG has decided that the contract with CEO Stefan Schulte will be extended early. The new mandate runs from September 1, 2024 to August 31, 2027.
"Stefan Schulte has made Fraport one of the world's leading international airport operators with a sustainable strategy. Fraport is successful and on the right track," said Michael Boddenberg, Hessian Finance Minister and Chairman of the Supervisory Board of Fraport AG. "Despite the considerable turbulence during the coronavirus pandemic, Dr. Schulte has championed important future projects and made significant progress in their implementation."