Lufthansa Cargo AG Names New Money Exec

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Lufthansa Cargo AG Supervisory Board announced that Frank Bauer has been appointed as the company’s new Chief Financial Officer and Chief Human Resources Office.

Frank Bauer began his career at Lufthansa in 2007. Three years later he joined the airline Jade Cargo in China. In 2012, he returned to Deutsche Lufthansa AG and took on numerous management positions in the years that followed. For example, he headed the Lufthansa Group’s Internal Audit department. Subsequently, as a member of the Executive Board of Eurowings, he was responsible for Finance and Human Resources. Most recently, he headed the Controlling and Risk Management of the Group.

Dr. Michael Niggemann, Chairman of the Supervisory Board of 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.”

Dr. Christian Leifeld will take over responsibility for Controlling and Risk Management at the Lufthansa Group as Frank Bauer’s successor on August 1, 2023.

He began his career at McKinsey in 2003. After founding the start-up InterNations (now part of New Work SE) and serving as CFO there, he moved to the E.ON Group in 2009, where he held numerous management positions. Christian Leifeld was responsible for Group Controlling from 2017 and subsequently for Group Controlling, Accounting & Risk, before serving as Country CFO for E.ON in the Czech Republic from 2020 to 2023.

Read more: New Chief Financial Officer at Lufthansa Cargo AG

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