FlyerTalk Forums - View Single Post - Rumor [confirmed!]: Franz is leaving Lufthansa
Old Feb 2, 2014 | 2:08 am
  #181  
LufthansaFlyer
 
Join Date: Mar 2010
Location: GRR, USA
Posts: 3,298
Originally Posted by TRAVELSIG
(Reuters) - Deutsche Bank's (DBKGn.DE) fund management unit DWS is growing impatient with German airline Lufthansa's (LHAG.DE) delay in appointing a new chief executive, Frankfurter Allgemeine Zeitung said.

http://www.reuters.com/article/2014/...A100EC20140201
Last week Franz said to expect an announcement in a "few short weeks", suggesting at the next scheduled supervisory meeting or a specially called one. I got the impression talking to him that March would be the time frame leaving 2 months for transition. DB getting their bits in a bind a bit. Doubtful that DWS is going to start unloading LH shares because the CEO has not been announced 3-4 months in advance. Franz also stated time and time again during his presentations last week that he was not involved with the supervisory board with their vetting process for the next CEO.
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