Multiple European media sources, including Tageblatt and Radio 100.7 out of Luxembourg, have reported that Dirk Reich, CEO of Cargolux, has decided to leave the company. The reports from Wednesday are based on information from two \u201cwell informed\u201d sources, who had apparently spoken to the radio station.
\nAir Cargo Eye has also reported that Richard Forson, the carrier\u2019s current CFO, is expected to succeed Reich. Forson served as interim CEO prior to Reich\u2019s hiring in March 2014. Cargolux is expected to make a statement at a press conference this morning, but so far, the all-cargo airline has not made a statement. Cargolux is also expected to announce the replacement CFO at the scheduled press conference.
\nThe lack of official confirmation has not stopped others from speculating over the news. According to Radio 100.7, Reich is stepping down for \u201cpersonal reasons.\u201d
\nEarlier this year, Air Cargo Eye reported that individuals close to the Cargolux China venture were warning of a \u201ccommercial calamity.\u201d Reich also faced labor confrontation over the development of Cargolux Italia. The website also reported that Reich had lost the backing of Luxembourg\u2019s minister of transportation and shareholders of the airline.
\nSource: aircargoworld<\/p>\n","protected":false},"excerpt":{"rendered":"
Multiple European media sources, including Tageblatt and Radio 100.7 out of Luxembourg, have reported that Dirk Reich, CEO of Cargolux, has decided to leave the company. The reports from Wednesday are based on information from two \u201cwell informed\u201d sources, who had apparently spoken to the radio station. Air Cargo Eye has also reported that Richard[…]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[49],"class_list":["post-1616","post","type-post","status-publish","format-standard","hentry","category-news","tag-airport-code"],"_links":{"self":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/posts\/1616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/comments?post=1616"}],"version-history":[{"count":0,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/posts\/1616\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/media?parent=1616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/categories?post=1616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/tags?post=1616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}