Lufthansa's chief financial officer, Stephan Gemkow, is leaving the airline to become chief executive of the Duisburg-based investment firm Haniel.
A spokesman for the family-owned group tells Flightglobal that Gemkow is to take over the helm from Jürgen Kluge, although the move has yet to be fully approved during the company's annual meeting on 30 April.
Lufthansa confirmed that Gemkow has asked to be prematurely released from his contract. The supervisory board will make its decision on 7 May while also discussing successor candidates, the airline says.
Gemkow's contract is valid until 31 May 2014. He took over his position as chief officer finance and aviation services in 2006.
Kluge's contract with the investment firm lasts until the end of the year.