Deutsche Lufthansa AG appointed Simone Menne, who has worked for the carrier since 1989, to succeed Stephan Gemkow, making her the sole female chief financial officer in the DAX index of the 30 largest German companies.

Menne, currently CFO at the company's former BMI unit, will assume her new role on July 1, Cologne, Germany-based Lufthansa said yesterday in an e-mailed statement. She will also be Lufthansa's first female board member, spokesman Christoph Meier said yesterday by telephone.

“In Simone Menne we are appointing to the board an experienced Lufthansa manager who knows the company and the industry very well,” said Chairman Juergen Weber.

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