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On the Move

Lufthansa appoints new CFO

By Mark Frary / 11 November 2020 / Contact Reporter
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Lufthansa appoints new CFO

Lufthansa CFO Remco Steenbergen

Lufthansa has appointed Remco Steenbergen as its new chief financial officer. He will start in the role on 1 January and his contract will run until 31 December 2023.

Previous CFO Ulrik Svensson resigned in April for health reasons and the role was added to the responsibilities of Thorsten Dirks, who then resigned in June. Since then, the CFO role has been handled by Lufthansa AG CEO and chairman Carsten Spohr on an interim basis. 

Steenbergen, a Dutch citizen, was previously CFO of Barry Callebaut Group, a Zurich-headquartered cocoa processor and chocolate manufacturer. 

"With Remco Steenbergen, we will have a distinguished financial expert with extensive experience in the capital markets joining us as the new Lufthansa Group CFO," said Karl-Ludwig Kley, chairman of the Deutsche Lufthansa AG supervisory board. "Remco brings with him excellent financial expertise from various companies as well as industries and has also impressed the supervisory board with his personality.

“Especially now, when the pandemic is having such serious consequences for air travel, an internationally experienced and well-respected CFO is more important than ever for Lufthansa Group: not only to overcome the current crisis but also for the coming years, when we have to – and want to – pay back government stabilisation funds," he said.

Steenbergen holds an MBA from the Institute for Management and Development  in Lausanne, Switzerland and a postdoctoral degree in accounting from Erasmus University in Rotterdam. 

The airline recently announced reduced losses for Q3. 

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