Fraport’s supervisory board announced its decision today to extends CEO contract for Dr. Stefan Schulte.
Three-year extension means Dr. Schulte’s contract will continue from September 1, 2024 until August 31, 2027.
Dr. Schulte, who completed qualifications in banking and economics with a doctorate degree, began his career at Fraport AG as the company’s Chief Financial Officer. In addition to the role as CFO, he was appointed deputy chairman in April 2007. Dr. Schulte has served as Fraport’s CEO since September 2009.
Fraport AG Frankfurt Airport Services Worldwide, commonly known as Fraport, is a German transport company which operates Frankfurt Airport in Frankfurt am Main and holds interests in the operation of several other airports around the world.