Lufthansa Technik AG will in future be managed by a three-person Executive Board. Constanze Hufenbecher and Antonio Schulthess will leave the company at the end of the year. In the course of this, one position on the management board will be saved. According to a press release, the measure is related to the “Rise” austerity program.
In the future, the board of directors will consist of a chief executive officer (CEO), a chief operating officer (COO) and a board member responsible for finance and human resources. Responsibility for all operational business areas is then bundled with the COO. Constanze Hufenbecher (currently Chief Financial Officer and responsible for the VIP & Special Mission Aircraft Services division) and Antonio Schulthess (currently responsible for Human Resources, Lean and Process Management and the Engines and Aircraft Systems divisions) have decided to join Lufthansa Technik as part of this reorganization to leave at the end of the year and to devote himself to new entrepreneurial challenges.
“We would like to thank Constanze Hufenbecher for her very successful work at Lufthansa Technik,” said Detlef Kayser, Chairman of the Supervisory Board. "She has professionalized the processes in the areas of finance, purchasing, law and foreign trade as well as infrastructure and significantly increased both their efficiency and effectiveness."
The supervisory board will soon decide on the appointment of the new board member for finance and human resources. Johannes Bußmann will remain CEO of Lufthansa Technik, while Sören Stark will continue to be responsible for operational business as COO.
“Antonio Schulthess helped shape the Lufthansa Group for many years and very successfully in very different positions in top management. We thank him very much for that, ”added Kayser. "As a member of the Executive Board, he has continuously improved the performance of the personnel department at Lufthansa Technik and has thus played a key role in the company's global growth by well over 4.000 employees in recent years."