Frank Bauer’s appointment was made by Lufthansa Cargo AG’s Supervisory Board, and Bauer will assume his new role on August 1, 2023.
Lufthansa Cargo AG has announced the appointment of Frank Bauer as the new Chief Financial Officer (CFO) and Chief Human Resources Officer (CHRO). The decision was made by the company’s Supervisory Board, and Bauer will assume his new role on August 1, 2023.
Frank Bauer’s career at Lufthansa began in 2007, and three years later, he joined Jade Cargo, an airline based in China. In 2012, he returned to Deutsche Lufthansa AG and held several management positions over the years. He led the Internal Audit department of the Lufthansa Group and later served as a member of the Executive Board of Eurowings, where he was responsible for Finance and Human Resources. In his most recent role, he oversaw Controlling and Risk Management for the Lufthansa Group.
Taking over from Bauer as the head of Controlling and Risk Management at the Lufthansa Group will be Dr. Christian Leifeld, who will assume his new role on August 1, 2023. Dr. Leifeld began his career at McKinsey in 2003 and later founded the start-up InterNations. After serving as the Chief Financial Officer (CFO) of InterNations, he joined the E.ON Group in 2009, where he held various management positions. Dr. Leifeld was responsible for Group Controlling and subsequently took charge of Group Controlling, Accounting & Risk. He also served as the Country CFO for E.ON in the Czech Republic from 2020 to 2023.
Dr. Michael Niggemann, Chairman of the Supervisory Board, Lufthansa Cargo AG said, “I am delighted that Frank Bauer, an experienced finance and HR expert with great expertise in the logistics sector, will complement and strengthen the Executive Board of Lufthansa Cargo. He has proven his management skills in various leadership positions in the Lufthansa Group. The Lufthansa Cargo Executive Board, which is now complete again, will master future challenges under the leadership of Chairman Ashwin Bhat and, together with the company’s employees, further expand Lufthansa Cargo’s global leadership position.”
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The appointments of Frank Bauer and Dr. Christian Leifeld bring a wealth of experience and expertise to their respective roles within the Lufthansa Group. Their proven track records in finance and leadership positions will contribute to the continued success and growth of Lufthansa Cargo and the broader Lufthansa Group. With a strong leadership team in place, under the guidance of Chairman Ashwin Bhat, Lufthansa Cargo is well-positioned to navigate future challenges and further strengthen its position as a global leader in the cargo industry.
