Jochen Müller, the chief operating officer (COO) of LSG Group, announced during the company’s Supervisory Board meeting on 4 June that he will resign from his position on the executive board, effective 30 June, 2020.
Müller is taking early retirement, a decision made in mutual agreement with his colleagues, Erdmann Rauer (CEO) and Dr Kristin Neumann (CFO) and parent company, Lufthansa.
“It was a difficult decision for me because the LSG family has grown very close to my heart,” said Müller. “The dramatic effects of the corona crisis will significantly change our company in the coming years. This will require management with long-term prospects. Therefore, it is in the best interest of the company that I resign from my office at this time and go into early retirement. I am confident that Erdmann Rauer and Kristin Neumann will prepare the LSG Group for the future in the best possible way.”
Müller joined LSG Holding in June 2003 as COO for the then Europe/Middle East/Africa region, and has been a member of the executive board of LSG Holding AG since March 2005. Müller is also responsible for the company’s global IT, OVC, Infrastructure and Security processes. In his function as COO, he had responsibility for more than 200 operations in five regions worldwide. According to the company, under his leadership, the performance of its catering operations “significantly” improved.
Following the announcement of Müller’s departure, the LSG executive board has decided to adapt and streamline the organisational structure of the LSG Group to the current market changes. As a result, the board will be reduced from three to two members as of July, with CEO Erdmann Rauer and CFO Dr Kristin Neumann taking on more responsibilities.
“Given the current market situation, we have to rethink our entire organisational setup and adapt to it,” stated Rauer.
