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In response to recent media articles, Cargolux Airlines International today confirmed that the CEO search process that had been initiated on behalf of its Board of Directors remained open at this stage and that no decision regarding any successful potential candidate had been made, contrary to rumors reported in such media. Cargolux reiterated that the global executive search and leadership consulting firm, Spencer Stuart, had been commissioned with identifying interested candidates and tasked with shortlisting the most suitable individuals for this post after the expiry of the application submission deadline of 12th February, 2014. The Governance Committee of the Board of Directors, which is composed of representatives of the current four Cargolux shareholders, will review and...
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