At an extraordinary meeting of the Supervisory Board held today, Kay Kratky was confirmed as the new Chief Executive Officer (CEO) of Austrian Airlines. He had been nominated beforehand as the candidate preferred by Lufthansa.
Kay Kratky will succeed Jaan Albrecht as CEO and Chairman of the Management Board of Austria’s national carrier on August 1, 2015. Albrecht will leave Austrian Airlines on June 1, 2015. In this interim period, the months of June and July, Chief Commercial Officer Andreas Otto will bear sole responsibility on the Management Board. COO Klaus Froese and CFO Heinz Lachinger will continue to be members of the extended board. Kay Kratky (57) is currently a Member of the Lufthansa German Airlines Board.
As Chief Operating Officer (COO), he is responsible for flight operations and the Frankfurt hub with about 20,000 employees.