Lufthansa Group chief financial officer Ulrik Svensson has resigned from his position, citing health reasons.
The German airline company has disclosed that he will step down on 6 April.
It has not given any further details on the circumstances behind Svensson’s decision. He has served as the company’s finance head for more than three years.
Originally from Sweden, and educated in Stockholm, he worked in the tobacco, office products and telecoms sectors before joining Swiss International Air Lines as chief financial officer in 2003.
He spent about three years with Swiss before being appointed as the chief executive of the eponymous investment firm of Swedish entrepreneur Melker Schorling.
Lufthansa Group, which includes Swiss, recruited Svensson as its chief financial officer in January 2017, succeeding Simone Menne.
“The supervisory board will discuss and decide on a succession solution as soon as possible,” says the group.
Lufthansa Group had recently unveiled adjusted full-year earnings of €2 billion, although the company has – like other European major carriers – been badly affected by the coronavirus crisis.