It is now official: Angela Titzrath (54), CEO of Hamburger Hafen und Logistik AG, is moving into the Lufthansa Supervisory Board. The Federal Ministry of Finance approved the proposal by Supervisory Board Chairman Karl-Ludwig Kley at the end of August. The green light was also given for the second candidate, former Munich Airport CEO Michael Kerkloh (67). The German government had acquired a 20 percent stake in Lufthansa because of the Corona crisis and had been assured two supervisory board seats.
Third mandate after Evonik and Talanx
The Federal Economic Stabilisation Fund (WSF), however, refrained from sending politicians or ministry officials to the control body. Instead, the WSF steering committee, headed by State Secretary of Finance Joerg Kukies, left the search for a candidate to Chief Controller Kley. For Titzrath and Kerkloh, the former airline manager Martin Koehler (62) and Monika Ribar (60), President of the Swiss Federal Railways, have given way. This is not Angela Titzrath’s first mandate: She already sits on the supervisory boards of Evonik and Talanx. Before joining Hamburger Hafen und Logistik AG, she worked for Daimler and Deutsche Post.