Fraport extends CEO contract for Stefan Schulte

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Dr. Stefan Schulte will remain the CEO of Fraport AG for another three years.

The decision was taken by Fraport’s supervisory board today (September 15). The move means Dr. Schulte’s contract will continue from September 1, 2024 until August 31, 2027.

In taking the step, the supervisory board is recognizing Dr. Schulte’s success in developing the Fraport Group’s business both inside and outside Germany. 

“Stefan Schulte has forged a sustainable strategy, transforming Fraport into one of the world’s leading international airport operators. Fraport is successful and heading in the right direction,” said Michael Boddenberg, the state of Hesse’s finance minister and Fraport AG’s supervisory board chairman. “Despite the significant turbulence during the coronavirus pandemic, Dr. Schulte has remained committed to important future-focused projects and has made significant progress with their implementation.” 

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