Harry Hohmeister - Deutsche Lufthansa Executive

DLAKY Stock  USD 6.91  0.09  1.29%   

Executive

Mr. Harry Hohmeister is Member of the Executive Board, Hub Management at Deutsche Lufthansa Aktiengesellschaft since January 1, 2016. Previously he served as Member of the Executive Board Chief Officer Group Airlines, Logistics and IT of Deutsche Lufthansa AG since July 1, 2013 till January 1, 2016. In addition he is Chief Executive Officer of Swiss International Air Lines Ltd since July 2009. He joined Lufthansa Group in 1985. He subsequently joined Thomas Cook Airlines, where he had held various executive management functions in Germany, Belgium and the UK over the previous five years. Mr. Hohmeister then joined the SWISS Management Board as Head of Network Alliance Management in 2005. Moreover, he is Chairman of the Board of Directors of Edelweiss Air and Chairman of the Austrian Airlines Supervisory Board. He has also been a Member of the Board of Governors of the International Air Transport Association, the air transport industrys umbrella organization, since 2009, and has headed its Audit Committee since 2011. He was further appointed Chairman and President of the Board of the SwissAmerican Chamber of Commerce and a Member of the Supervisory Board of the Swiss business federation earlier this year. Since December 2012 he is member of the Board of Directors he SN Airholding SANV. Mr. Harry Hohmeister holds a diploma in commercial air transport. since 2016.
Age 59
Tenure 8 years
Phone49 69 6960
Webhttps://www.lufthansagroup.com

Deutsche Lufthansa Management Efficiency

The company has return on total asset (ROA) of 0.0104 % which means that it generated a profit of $0.0104 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0289 %, meaning that it generated $0.0289 on every $100 dollars invested by stockholders. Deutsche Lufthansa's management efficiency ratios could be used to measure how well Deutsche Lufthansa manages its routine affairs as well as how well it operates its assets and liabilities.
Deutsche Lufthansa AG has accumulated 13.08 B in total debt with debt to equity ratio (D/E) of 1.98, which is about average as compared to similar companies. Deutsche Lufthansa has a current ratio of 0.9, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Deutsche Lufthansa until it has trouble settling it off, either with new capital or with free cash flow. So, Deutsche Lufthansa's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Deutsche Lufthansa sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Deutsche to invest in growth at high rates of return. When we think about Deutsche Lufthansa's use of debt, we should always consider it together with cash and equity.

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Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. Deutsche Lufthansa AG was founded in 1926 and is headquartered in Cologne, Germany. Deutsche Lufthansa is traded on OTC Exchange in the United States. Deutsche Lufthansa AG [DLAKY] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Deutsche Lufthansa Leadership Team

Elected by the shareholders, the Deutsche Lufthansa's board of directors comprises two types of representatives: Deutsche Lufthansa inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Deutsche. The board's role is to monitor Deutsche Lufthansa's management team and ensure that shareholders' interests are well served. Deutsche Lufthansa's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Deutsche Lufthansa's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dennis Weber, Head of Investor Relations
Roland Schtz, Chief Officer
Michael Niggemann, Chief Board
Jorg Eberhart, Head Devel
Christina Foerster, Chief Board
Remco Steenbergen, Member CFO
Detlef Kayser, Member of the Executive Board - Resources & Operations Standards
Uwe Mueller, Switzerland Germany
Carsten Spohr, Chairman of the Executive Board CEO
Harry Hohmeister, Chief Officer of Hub Management and Member of Executive Board

Deutsche Stock Performance Indicators

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