Lufthansa Cargo has extended chief executive officer (CEO) Peter Gerber’s contract for another five years.
Gerber will lead the carrier as CEO and chairman of the executive board after the supervisory board unanimously agreed an early extension of his contract to 30 April 2022.
Lufthansa Cargo says it has initiated a comprehensive restructuring process in recent months aimed at achieving a sustainable increase in the airline’s profitability once again.
Peter Gerber has been CEO and chairman of the executive board of Lufthansa Cargo since May 2014. Before that, the 52-year-old was on the executive board of Lufthansa Passenger Airlines, where he headed up the human resources, IT & services division.
Gerber was board member for finance and human resources at Lufthansa Cargo between 2009 and 2012.