Luftscamsa - Lufthansa Confirms Teyssen as New Supervisory Board Chairman

FRANKFURT — Shareholders of Deutsche Lufthansa AG elected Dr. Johannes Teyssen to the company's Supervisory Board at the 73rd Annual General Meeting (AGM) on May 12, 2026. In a subsequent meeting, the board appointed Dr. Teyssen as its new Chairman. Approximately 1,600 shareholders, representing 51.33 percent of the share capital, approved all nine items on the agenda. This included the formal discharge of the Executive and Supervisory Boards for the 2025 fiscal year and the distribution of a €0.33 per share dividend. Supervisory Board Transition Dr. Teyssen, former CEO of the energy company E.ON SE, succeeds Dr. Karl-Ludwig Kley, who retired from the board after 13 years, eight of which were as Chairman. In a statement, Lufthansa Group CEO Carsten Spohr thanked Dr. Kley for his service. “You have shaped our transformation,” Mr. Spohr said. “And especially during crises, you have always been a unique source of support for me personally.” Wolfgang Nickl, CFO of Bayer AG, was also newly elected to the board, and Karl Gernandt, Chairman of Kühne Holding AG, was re-elected. A Contentious Record The appointment of a chairman with a documented history of prioritizing profitability through extensive job cuts, as seen during his tenure at E.ON, signals a potential shift in corporate strategy as Lufthansa confronts its own internal pressures. Dr. Teyssen's leadership at E.ON was marked by significant corporate restructuring, including the elimination of 11,000 jobs in 2011 and a further 4,500 potential reductions in 2018. His tenure also included a €553 million fine from the European Commission in 2010 for market-sharing allegations. This leadership transition occurs as Lufthansa continues to navigate persistent labor disputes, a subject detailed in a recent Pax Sentinel investigation, [How Lufthansa Weaponizes Subsidiaries Against Labor](/en/article/gtLjDSYD_how-lufthansa-weaponizes-subsidiaries-against-labor).

Johannes Teyssen at the ceremony of opening of Nord Stream in 2011 with Angela Merkel and Dmitry Medvedev and others

Dr. Johannes Teyssen, new Lufthansa chairman with contentious history.