Europe

Simone Menne to leave the Lufthansa Executive Board

Lufthansa Boeing 737
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Simone Menne has asked the Supervisory Board of Deutsche Lufthansa AG for the early termination of her assignment to the company’s Executive Board with effect from 31 August, to pursue individual career options.

Ms. Menne, who is 55, has been serving as a member of the Executive Board and CFO of the Lufthansa Group since 1 July 2012. The Supervisory Board regrets Ms. Menne’s decision but has, after careful consideration, acceded to her request to be prematurely released from her contractual obligations.

As a result, Ms. Menne will step down from the Executive Board by mutual agreement on 31 August. A decision on her successor will be taken shortly.

“We take this opportunity already to offer Simone Menne our sincere thanks for all her tireless and successful endeavors,” says Wolfgang Mayrhuber, Chairman of the Supervisory Board of Deutsche Lufthansa AG. “Through her outstanding achievements, Ms. Menne has made a vital contribution to the further development of the Lufthansa Group in highly challenging times. She has always steered a steady course, and has never shied away from difficult decisions.”

“In Simone Menne,” Mayrhuber continues, “we are losing an experienced executive who has proven her worth time and again in her long Lufthansa career and the functions she has held in various business areas both in and outside Germany. And for all of this I offer her my express thanks, on behalf of the whole Supervisory Board and the entire Lufthansa Group. The Supervisory Board wishes Ms. Menne all the very best for both her personal and her professional future.”

Carsten Spohr, Chairman of the Executive Board & CEO of Deutsche Lufthansa AG, adds: “Simone Menne has enriched the work of our Executive Board – not only with her proven expertise and her many years of experience, but also through her own personal character. Her great achievement on maintaining the Lufthansa Group’s financial strength in parallel with its further strategic development is firmly in the tradition of our company’s sound finance and investment policy, and gives us a strong foundation on which to continue our work and sustain our success.”

Simone Menne, who was born on 7 October 1960, has been a member of the Executive Board of Deutsche Lufthansa AG since 1 July 2012, and bears overall responsibility for the finance resort of the Lufthansa Group. A graduate in business administration, Ms. Menne began her professional career in the auditing department of ITT of the USA in 1987, before joining Lufthansa as an auditor in April 1989. Three years later she was appointed Lufthansa’s Head of Accounting for (and based in) West Africa. Between 1995 and 1999 she held a series of further positions including Head of Data Processing & User Services, head of a project to restructure the revenue and services accounting of Lufthansa Passenger Airlines and Managing Director of the Hamburg-based Lufthansa Revenue Services GmbH. In 1999 Ms. Menne assumed overall responsibility for Financial Management and Human Resources for Lufthansa in Southwest Europe; and two years later she took over the same position for all of Europe, for which she was based in London. In 2004 she was appointed Vice President Finance & Accounting at Lufthansa Technik; and she held this position until 2010, when she moved to British Midland Ltd. to become its Chief Financial Officer. In addition to her duties and responsibilities on the Executive Board of Deutsche Lufthansa AG, Simone Menne is Chairwoman of the Supervisory Boards of LSG Lufthansa Service Holding AG and Delvag Luftfahrtversicherungs-AG, and of the Advisory Board of Miles & More GmbH. She is also a member of the Supervisory Boards of Lufthansa Cargo AG and Lufthansa Technik AG. Outside Lufthansa, Ms. Menne is a member of the Supervisory Boards of BMW and Deutsche Post.

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