Thursday, May 30, 2024

Lufthansa Group names Amadeus’ Till Streichert as new CFO

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Till Streichert will join the airline group in September

Lufthansa Group has appointed Till Streichert as chief financial officer. Streichert is currently the CFO at travel tech firm Amadeus and will assume his new role with the airline group on 15 September for a three-year term. He will also join the company’s executive board.

Prior to joining Amadeus in Madrid in 2020, Streichert held a range of executive and financial management positions for the likes of T-Mobile in the UK, the Boston Consulting Group, Vodafone Romania and Vodacom South Africa.

Lufthansa Group CEO and executive board chairman, Carsten Spohr, said Streichert’s “extensive expertise and experience” will make him “an excellent addition” to the group’s top management team.

Following the group’s recently announced Q1 losses, Spohr added that Streichert is “taking on a substantial responsibility at our company in what remain challenging times”.

Current Lufthansa Group CFO Remco Steenbergen departs on 7 May after more than three years overseeing the company’s financial division. His duties will be carried out by board member Michael Niggemann in the interim.

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