Munich CEO given contract extension

Dr. Michael Kerkloh has been granted an early extension of his position as President and CEO of the Munich Airport operating company, FMG, for an additional year by the airport’s supervisory board. As a result, Kerkloh (63), will remain as the head of FMG through to the end of 2019. Thomas Weyer and Andrea Gebbeken will also remain as managing directors.

Dr Kerkloh has served as Munich Airport’s top executive since September 2002. He is FMG’s president and CEO, and is also the company’s labor director. Under his leadership, the airport’s annual traffic has exceeded 42 million passengers in the most recent operating year. The airport has responded to the steady growth in passenger demand with several major expansion projects to increase its handling capacity. The last big project was the new satellite building, which FMG jointly opened with Lufthansa, on schedule and within budget, in April 2016. This increased the airport’s total capacity to over 50 million passengers per year.

As an aviation expert with extensive knowledge of the industry, Kerkloh, who hails from the region of Westphalia, has also worked successfully with many aviation committees and organizations, both in Germany and at the international level. For example, he has served a four-year term as president of the German Airports Association (ADV) since the beginning of 2013. “In the coming years I aim to help add more chapters to the success story of this extraordinary airport. I’m delighted that I will remain a part of that success going forward,” said Kerkloh at the announcement of the contract extension. Dr. Markus Söder, Bavaria’s finance minister and the chairman of the FMG supervisory board said: “This decision should be understood as an expression of gratitude and a vote of confidence from the shareholders for the extremely successful management of the airport. We have no doubt that our time-tested leadership crew will continue to keep Munich Airport on track for success.”

 

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