Lufthansa boss in line for Roche chairman job: paper

Sun Sep 15, 2013 11:38am EDT
 
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ZURICH (Reuters) - Christoph Franz, chief executive of Deutsche Lufthansa (LHAG.DE: Quote), is leaving Europe's biggest airline, German newspaper Die Welt reported on Sunday.

Die Welt, citing sources familiar with the situation, said Franz was in talks with the airline's supervisory board about a departure before his contract expires.

Handelsblatt, citing company sources, reported he was now in advanced talks to join Swiss drugmaker Roche ROG.VX.

Citing sources from Roche, Handelsblatt also said a decision has not been reached yet but that the talks have reached an advanced stage.

The two newspapers released on Sunday an advance copy of reports to be published on Monday.

Asked about the two German newspapers' report, a Lufthansa spokesman declined to comment.

Swiss newspaper NZZ am Sonntag, citing two reliable sources, said 53-year-old Franz is the favorite candidate to replace current Roche chairman Franz Humer, who plans to step down next spring.

Roche's board is scheduled to meet on September 26-27 to elect the next chairman, according to the paper.

A spokesman for Roche declined to comment on the report.   Continued...

 
Christoph Franz, CEO of German air carrier Lufthansa attends the general meeting in Cologne May 7, 2013. REUTERS/Ina Fassbender