Tourexpi
Till
Streichert has been appointed by the Supervisory Board of Deutsche Lufthansa AG
to the company’s Executive Board, and will assume the position of Chief
Financial Officer (CFO) with responsibility for the company’s Finance Division
with effect from September 15, 2024. Till Streichert has been appointed for a
three-year term of office which runs to September 14, 2027.
The
duties of the CFO of Deutsche Lufthansa AG will initially be performed by
Executive Board member Michael Niggemann after the departure of Remco
Steenbergen on May 7 of this year. Till Streichert will then assume
responsibility for the Finance Division, which comprises Controlling & Risk
Management, Corporate Finance, Corporate Accounting, Investor Relations,
Corporate Taxes, Financial Services and Mergers & Acquisitions, from
mid-September.
“In
Till Streichert we are securing a reputed and internationally experienced
financial specialist to serve as the new CFO of the Lufthansa Group,” says
Karl-Ludwig Kley, Chairman of the Supervisory Board of Deutsche Lufthansa AG.
“Till Streichert brings outstanding financial expertise from a wide range of
companies and sectors to his new position; and he convinced our Supervisory
Board on a personal level, too. Given the continuing challenges posed by the
competitive environment worldwide, having a CFO like Till Streichert who is
extensively experienced in the capital markets is of vital importance to the
Lufthansa Group.”
Till
Streichert is presently CFO of the Amadeus IT Group, which is headquartered in
Madrid, Spain. He has held a range of global executive and financial management
positions at a number of companies in his more-than-20-year career. These
include T-Mobile in the UK, the Boston Consulting Group, Vodafone Romania and
Vodacom South Africa.
Till
Streichert holds a doctorate in philosophy and a master’s degree in political
sciences & philosophy from Leibniz University Hannover. He also completed
the Executive Program at Singularity University in Mountain View, California
(USA) in 2018. He is 50 years old, is married and has a daughter.
“With
his extensive expertise and experience, Till Streichert will be an excellent
addition to our Executive Board,” says Carsten Spohr, Chairman of the Executive
Board & CEO of Deutsche Lufthansa AG. “His arrival this September will
complete the recomposition of our top management team, and we look forward
already to a good collaboration with him in both professional and personal
terms. He is taking on a substantial responsibility at our company in what
remain challenging times.”
Image
Credit: © Lufthansa Group
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