Karl-Ludwig Kley Explained

Karl-Ludwig Kley
Birth Date:11 June 1951
Birth Place:Munich, Bavaria, Germany
Chairman of Lufthansa
Term:2017-
Successor:Stefan Oschmann

Karl-Ludwig Kley (born 11 June 1951 in Munich) is a German business executive.

Education

Kley studied law at the Ludwig Maximilian University of Munich (LMU) from 1974 to 1979. He completed his practical training as a lawyer in Hamburg and Johannesburg from 1979 to 1982. He earned a doctorate in law at LMU in 1986.

Career

Kley worked for Bayer from 1982 to 1998, most recently as head of corporate finance and investor relations. He was chief financial officer and a member of the executive board of Lufthansa 1998–2006.

In 2006, Kley joined the Merck Group as a member of the executive board. He became chief executive officer (CEO) and chairman of the executive board of Merck KGaA in April 2007.[1] [2] Under his leadership, Merck strengthened its two non-pharmaceutical divisions, which make laboratory supplies and specialty chemicals, and completed a $17 billion deal to buy US laboratory supplies company Sigma-Aldrich.[3] In his capacity at Merck, Kley was part of Chancellor Angela Merkel’s delegation on a state visit to Japan in 2015. Kley retired from The Merck Group in April 2016.

In 2017, Lufthansa named Kley as new chairman of its supervisory board, replacing Wolfgang Mayrhuber, who had resigned six months before the end of his term.[4]

Other activities (selection)

Corporate boards

Non-profit organizations

Notes and References

  1. http://www.ft.com/intl/cms/s/0/06bfa844-71a9-11e5-8af2-f259ceda7544.html#axzz3w9KGUOS2 Merck promotes Oschmann as CEO to replace Kley
  2. News: Divac. Natascha. Germany's Merck Names New CEO. 14 October 2015. WSJ. 13 October 2015.
  3. Jeevan Vasagar and Andrew Ward (October 13, 2015), Merck promotes Oschmann as CEO to replace Kley Financial Times.
  4. Maria Sheahan (September 25, 2017), Lufthansa names former CFO Kley as new chairman Reuters.
  5. https://www.eon.com/en/ueber-uns/management/aufsichtsrat/kley.html Members of the Supervisory Board: Karl-Ludwig Kley
  6. Jens Koenen (September 25, 2017), Endlich gelandet Handelsblatt.
  7. http://www.verizon.com/about/investors/karl-ludwig-kley Karl-Ludwig Kley
  8. http://www.about.hsbc.de/hsbc-in-germany/executive-bodies Advisory Board
  9. https://annualreport.deutsche-bank.com/2003/ar/supplementaryinformation/advisoryboard.html 2003 Annual Report: Advisory Boards
  10. https://rantumcapital.de/en/team-rantum/ Team
  11. https://www.bbug.de/de/ueber-uns/der-verein.php Board
  12. https://www.goethe.de/en/uun/org/gre.html Organization
  13. https://www.uni-freiburg.de/universitaet/zentrale-universitaere-gremien/unibeirat Advisory Board
  14. https://www.stadt-koeln.de/artikel/00051/index.html Konrad Adenauer Prize: Advisory Board
  15. https://www.fritz-thyssen-stiftung.de/en/about-us/panels/board-of-trustees/ Board of Trustees
  16. https://www.ksta.de/sport/1-fc-koeln/praesidium-strafft-strukturen-1--fc-koeln-besetzt-seine-gremien-neu-33278548 Präsidium strafft Strukturen 1. FC Köln besetzt seine Gremien neu