Carsten Spohr

Carsten Spohr
Carsten Spohr in 2024
Born (1966-12-16) 16 December 1966 (age 58)
Wanne-Eickel, West Germany
NationalityGerman
Alma materKarlsruhe Institute of Technology
OccupationBusinessman
EmployerLufthansa
Children2

Carsten Spohr (born 16 December 1966) is a German airline executive. Since May 2014 he has been the chairman and chief executive officer (CEO) of Lufthansa.[1][2]

Education

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After graduating with a degree in industrial engineering and management from the University of Karlsruhe (now part of the Karlsruhe Institute of Technology), Spohr obtained a commercial pilot's license at Lufthansa Flight Training in Bremen and the Airline Training Center Arizona.[2] Spohr continues to maintain this license until the present day. His license allows him to fly the Airbus A320.

Career

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Carsten Spohr addressing staff from Lufthansa Group at Seeheim, Germany in April 2019

After gaining his commercial pilot's license, Spohr enjoyed a brief role at Deutsche Aerospace AG after enrolling in the company's management training programme.

Following this, Spohr joined Lufthansa in 1994.[3] Between 1995 and 1998, he served as the personal assistant to the CEO of the company. After this role, he moved on to head various regional partnerships at Lufthansa, for example in 1998, he became head of regional partner management. He was then soon appointed to lead the group's passenger airline strategy. In 2007, he was made CEO of Lufthansa Cargo.[3] In 2011, in recognition of his loyalty to the company, he was invited to join the executive board.[2]

On 1 May 2014 Spohr took over from Christoph Franz as Chief Executive Officer of Deutsche Lufthansa AG. During his time as CEO there have been poor industrial relations, with a number of strike actions, due to the push to expand Lufthansa's low-cost airline Germanwings.[1] In 2020, Spohr was temporarily assigned the portfolio for digitisation and finance.[4] According to his profile on Bloomberg, his annual compensation amounted to around €2.7 million in 2015.[5] Both in 2019 and in 2023, Spohr's contract was extended for five years.[6]

Spohr described the Germanwings Flight 9525 disaster as "the darkest day for Lufthansa in its 60-year history".[7] In the following years, Spohr guided the company through a collapse in demand triggered by the COVID-19 pandemic and a subsequent government bailout that saw the state take a 20% stake in the company.[8]

In May 2014, Spohr was one of a number of business executives invited to the White House by U.S. President Barack Obama in a meeting aimed at extending job opportunities from international companies to the U.S.[5] During the Hannover Messe in April 2016, he was among the 15 German CEOs who were invited to a private dinner with Obama.[9] Since 2013, Spohr has accompanied Chancellor Angela Merkel on a total of three state visits abroad,[10] including to China (2014)[11] and Abu Dhabi (2017).[12]

Other activities

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Corporate boards

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Non-profits

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Personal life

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Spohr is married and has two daughters. He and his family currently live in Munich.[2] Spohr's wife Vivian is head of Lufthansa's Help Alliance which runs aid projects in numerous countries abroad.[5]

References

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  1. ^ a b Clark, Nicola (8 December 2014). "Lufthansa Chief Carsten Spohr Defends Airline's No-Frills Push". nytimes.com. Retrieved 24 March 2015.
  2. ^ a b c d "Carsten Spohr - Biography" (PDF). Lufthansa Group. Archived from the original (PDF) on 22 March 2015. Retrieved 24 March 2015.
  3. ^ a b "Carsten Spohr: Lufthansa". European CEO. 15 June 2015.
  4. ^ Emma Thomasson (June 26, 2020), Lufthansa digital, finance executive Dirks to leave Reuters.
  5. ^ a b c "Carsten Spohr: 5 Fast Facts You Need to Know". Heavy.com. 30 March 2015.
  6. ^ Klaus Lauer (2 March 2023), Lufthansa's Spohr gets another five years as CEO Reuters.
  7. ^ "Lufthansa boss says past hours 'darkest in 60-year history'". ITV News. 25 March 2015. Retrieved 25 March 2015.
  8. ^ Klaus Lauer (2 March 2023), Lufthansa's Spohr gets another five years as CEO Reuters.
  9. ^ Hans von der Burchard (April 25, 2016), POLITICO Pro’s Morning Trade: Breaking bread with the president Politico Europe.
  10. ^ Christian Schlesiger (September 8, 2017), Siemens-Chef Kaeser am häufigsten bei Delegationsreisen dabei Wirtschaftswoche.
  11. ^ Ralf Schuler and Henrik Jeimke-Karge (March 7, 2014), China-Reise: Mit diesen Managern reist Merkel ins Reich der Mitte BILD.
  12. ^ Peter Maushagen (May 5, 2017), Lufthansa CEO says next move in Air Berlin talks up to Abu Dhabi Reuters.
  13. ^ Annual General Meeting approves dividend of €9.80 per share Munich Re, press release of 29 April 2020.
  14. ^ Supervisory Board ThyssenKrupp.
  15. ^ Lufthansa-Chef Spohr legt Aufsichtsratsmandat bei Thyssen-Krupp nieder Handelsblatt, 26 September 2019.
  16. ^ Advisory Board Oetker Group.
  17. ^ Board Archived 2018-01-09 at the Wayback Machine Baden-Badener Unternehmer-Gespräche (BBUG).
  18. ^ Board of Trustees European School of Management and Technology (ESMT).
  19. ^ Presidium Federation of German Industries (BDI).
  20. ^ Board of Trustees Rheingau Musik Festival.
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