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Dirk Reich, President and CEO, has decided to leave Cargolux for personal reasons and has asked the Board of Directors for the early termination of his contract. He will leave Cargolux at the end of July. Richard Forson, Executive Vice-President and CFO, has been nominated as the company’s new President and CEO with effect as of August 1st. Richard Forson joined Cargolux in February 2012. Maxim Strauss, Vice-President Corporate Develop-ment, is nominated Executive Vice-President and CFO as replacement for Richard Forson.
Maxim Strauss has been with the company since January 2006. The fact that internal nominations have been made to accommodate Mr. Reich’s departure is an assertive signal of the strength of the management team at Cargolux that will continue to pursue...
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