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BERLIN (Reuters) – German airline Lufthansa (>> Deutsche Lufthansa) called its above accounts arch Karl-Ludwig Kley as new administrator of its authoritative board, replacing Wolfgang Mayrhuber, who accommodated six months afore the end of his term.

Kley, 66, who is additionally the administrator of ability aggregation E.ON’s (>> E.ON) authoritative board, took over on Monday, the flagship carrier said in a statement.

He was Lufthansa’s accounts arch for eight years through 2006 afore aing drugs and chemicals accumulation Merck KGaA (>> Merck KGaA), area he afterwards became arch executive.

He has been a affiliate of Lufthansa’s authoritative lath back 2013, and there was already belief backward in 2015 that he would alter Mayrhuber, afterwards Kley was quoted as adage he would booty the job if it was offered to him.

Lufthansa did not say why Mayrhuber, who has been with Lufthansa for added than 40 years and became its CEO in 2003, was dispatch bottomward from his column early.

“In the absorption of connected development and a advanced attractive development, I accept accommodated from my authorization so that Karl-Ludwig Kley can accept the position as Chairman,” Mayrhuber said.

Under the Austrian national’s leadership, Lufthansa pursued an advancing accretion drive, affairs up rivals including Austrian Airlines and Swiss.

The after-effects were apparent as alloyed by analysts, as

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