Dirk Reich to stand down as Cargolux president and CEO

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Cargolux Airlines International president and CEO, Dirk Reich

Dirk Reich is to stand down as Cargolux Airlines International president and chief executive officer (CEO) at the end of July.

He is leaving Cargolux “for personal reasons” and has asked the board of directors for the early termination of his contract. Executive vice-president and chief financial officer, Richard Forson will take over from 1 August, with vice-president corporate development, Maxim Strauss filling Forson’s old position.

Cargolux chairman of the board of directors, Paul Helminger paid tribute to Reich’s contributions to Cargolux, saying: “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.”

He adds: “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.”