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Swiss is decreasing the dimensions of its board of administrators

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Swiss is decreasing the dimensions of its board of administrators

Reto Francioni, Dieter Vranckx and Doris Russi Schurter: The new Swiss board of administrators. picture: Switzerland

The Swiss airline diminished its board of administrators to 3 from the earlier 5 members. André Blattmann and Ashwin Bhat are leaving the board, whereas outgoing CEO Dieter Vranckx will even be a brand new member as successor to Remco Steenbergen. The modifications will take impact on July 1, 2024.

A subsidiary of Lufthansa introduced on Wednesday that the layoffs are happening as a part of a restructuring. As a results of the corona epidemic, the construction of the airline was revised. The downsizing is claimed to be a “new Switzerland” adjustment and accredited by the final meeting.

Chairman of the Board of Directors Reto Francioni and Doris Russi Schurter will stay on the Board of Directors. Dieter Vranckx would be the third member to take the place of Vice President. (sda/awp)

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