New CEO at Cargolux
21 / 03 / 2015
CARGO airline Cargolux has appointed former Kuehne + Nagel management board member Dirk Reich as its new chief executive.
He replaces Richard Forson, senior vice-president and member of the executive committee, who has been interim CEO since 3 August 2012.
Forson will continue to serve as senior vice-president and chief financial officer, a company statement says.
Reich, who was also executive vice-president at K+N, held a number of other positions with Lufthansa and VIAG.
Paul Helminger, chairman of the board of directors, comments: “Drawing on his vast worldwide experience in the industry, Dirk brings to Cargolux the experience and leadership required to meet the major challenges confronting the air freight industry.”
Commenting on his new role, Reich enthuses: “I am excited to take up my new role as CEO of such a reputable company which is held in high regard by customers and competitors alike.”
“There will be challenges ahead, but I can rely on the support of a highly professional and engaged team and look forward to my new mission with great anticipation and confidence’, he adds.
Reich will also assume the responsibilities of senior vice-president sales and marketing following the shock departure of Robert van de Weg who resigned from his position due to differences with the board of directors regarding the future strategy for the European all-cargo airline.
Another key Cargolux executive Peter Van de Pas, formerly chief of operations, handed in his resignation a few days later.
Their decision to leave came after an agreement was struck with Chinese company Henan Civil Aviation and Investment (HNCA).
HNCA has purchased the 35 per cent share owned by the Luxembourg government.