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EANS-News: Wolfgang Prock-Schauer to be the new CEO at airberlin

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
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Company Information

Berlin, (euro adhoc) - As of 7th January 2013, Wolfgang Prock-Schauer, 56, will
take over the post of Chief Executive Officer of Air Berlin PLC from Hartmut
Mehdorn, who has been in the position on a transitional basis since 1st
September 2011. At the same time Prock-Schauer will become an Executive Director
on the Board of Directors of Air Berlin PLC. Hartmut Mehdorn will remain a
member of the Board. 

During his time in office, Hartmut Mehdorn was largely responsible for
establishing and successfully implementing the partnership between airberlin and
Etihad Airways; for leading the airline into the oneworld® airline alliance; and
for laying new foundations for the company through strategic measures aimed at
organisational realignment and increased efficiency. Together with the
management team he developed and set in motion the "Turbine" Turnaround Program
as well as the efficiency-improvement program "Shape & Size". 

Dr Hans-Joachim Körber, Chairman of the Board of Directors of Air Berlin PLC,
paid tribute to Mr Mehdorn and thanked him for his outstanding contribution over
the last 15 months. "In the face of the crisis in European aviation, he has set
the company on a new path, to make it more competitive in line with market
conditions and has laid key foundations for the future," Dr Körber said. "With
Wolfgang Prock-Schauer, the top position at airberlin will be taken over by a
respected expert in the airline industry, who has extensive experience in
international management. He will continue to promote the process of change and,
as CEO, take responsibility from the start for the planned two-year "Turbine"
Turnaround Program and press ahead with the decisive reorganisation of the
company."

Hartmut Mehdorn said: "This is the right time for the change in management and
it sends the right signal that Wolfgang Prock-Schauer, as the new CEO, is
leading the Turnaround Program which is so vital for the company. airberlin has
already achieved a great deal over the past year. I am confident that all our
employees will make the turnaround a success through their extraordinary
dedication. I wish Mr Prock-Schauer every success in his new post, one which
always gave me a great deal of satisfaction with the enormous challenges it
involves." 

Wolfgang Prock-Schauer said: "airberlin is facing huge challenges. We must
continue to push our process of change forward rapidly to become lean and smart,
so that we can be successful in the global competitive environment. Together
with my colleagues on the Board of Directors, the Management Board, and the
employees of airberlin we will put all our effort into this task." 

Until now Prock-Schauer has held the post of Chief Strategy and Planning Officer
(CSPO) on the Management Board of airberlin, and he will continue in this role
until further notice. After graduating in Business Administration from Vienna
University he started his professional career in 1981 with Austrian Airlines,
where, as Executive Vice President, his responsibilities included network
management, strategic planning and alliances, as well as the integration of
regional airlines Lauda Air and Tyrolean. In 2003 he moved to India as CEO of
Jet Airways. In 2005 he successfully led Jet Airways to become a registered
company on the stock exchange and expanded the company's long-haul business and
global network with other airlines. From 2009 to 2012 Wolfgang Prock-Schauer was
CEO of British Midland International, where he introduced numerous productivity
improvements. Prock-Schauer is married and has three children.


Further inquiry note:
Uwe Berlinghoff
Senior Vice President Communications 
Tel.: +49 (0)30/3434-1500
E-Mail:  abpresse@airberlin.com

end of announcement                               euro adhoc 
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company:     Air Berlin PLC
             The Hour House, High Street 32
             UK-WD3 1ER Rickmansworth, Herts
phone:       +49 (0)30 3434 1500
FAX:         +49 (0)30/3434-1509
mail:         abpresse@airberlin.com
WWW:         http://www.airberlin.com
sector:      Air Transport
ISIN:        GB00B128C026
indexes:     SDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, free trade/Bondm:
             Stuttgart, regulated dealing/prime standard: Frankfurt 
language:   English

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  • 07.01.2013 – 08:28

    EANS-Adhoc: Wolfgang Prock-Schauer to be new Chief Executive Officer of Air Berlin PLC

    issuer: Air Berlin PLC The Hour House, High Street 32 UK-WD3 1ER Rickmansworth, Herts phone: +49 (0)30 3434 1500 FAX: +49 (0)30/3434-1509 mail: abpresse@airberlin.com WWW: http://www.airberlin.com sector: Air Transport ISIN: GB00B128C026 indexes: SDAX, Classic All Share, Prime All Share stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, free ...

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    company: Air Berlin PLC The Hour House, High Street 32 UK-WD3 1ER Rickmansworth, Herts phone: +49 (0)30 3434 1500 FAX: +49 (0)30/3434-1509 mail: abpresse@airberlin.com WWW: http://www.airberlin.com sector: Air Transport ISIN: GB00B128C026 indexes: SDAX, Classic All Share, Prime All Share stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, free trade/Bondm: Stuttgart, regulated dealing/prime standard: ...