In its meeting on March 14, Fraport AGs supervisory board appointed Dr. Pierre Dominique Prumm to the company's executive board, effective July 2019. Prumm will take over board responsibility for Fraports Airside and Terminal Management, Corporate Safety and Security strategic business unit and the Corporate Infrastructure Management service unit. Fraport AGs supervisory board chairman Karlheinz Weimar welcomed the addition of Dr. Prmm to the executive board: The global aviation industry will continue to undergo profound changes in the coming years.

Weimar also referred to the construction of Frankfurt Airports new Terminal 3, which is now fully underway, pointing out that this project will entail strong changes in the existing traffic and terminal utilization structures. This means that will not only have to optimally market the new Terminal 3, the company will also have to redesign and upgrade existing terminals and will have to do this while serving more passengers than ever before and while maintaining regular operations. The Fraport Group is committed to further growth, both at its Frankfurt Airport home base and internationally.

In addition to the Global Investment and Management unit, Schultes board responsibilities will continue to include the Airport Expansion South unit, as well as the Corporate Development, Environment and Sustainability and Corporate Communications units. Because digital transformation has become a decisive factor in all business segments, expertise in this area will be bundled in a new Digitization and Innovation Management department. The new organizational unit will be under the responsibility of executive board member Anke Giesen, who will also serve as Fraports Executive Director Retail & Real Estate.

Giesen will continue to have board responsibility for Fraports Retail and Properties unit, as well as the HR Top Executives and Legal Affairs and Compliance units. Furthermore, the Information and Telecommunications unit has been newly assigned to her. Executive board member Michael Mller, who is also Fraports Executive Director Labor Relations, will be assigned board responsibility for the new Cargo and Logistics Management unit.

Three other units continue reporting directly to Mller: Ground Services, Human Resources and Internal Auditing. Fraports Executive Director Controlling and Finance (CFO), Dr. Matthias Zieschang, will have board responsibilities for the following units: Integrated Facility Management, Central Purchasing and Construction Contracts, Controlling, Finance and Investor Relations, and Accounting. Alexander Laukenmann will assume Dr. Prmms responsibilities as Senior Executive Vice President of the Airside and Terminal Management, Corporate Safety and Security unit.

Previously holding the position of General Manager at Hamburg Airport, Laukenmann is returning to Fraport AG and Frankfurt Airport, where he was employed in various positions from 2000 to 2016.