CEO Contract Extended to 2019 for Fraport's Dr. Stefan Schulte

        CEO Contract Extended to 2019 for Fraport's Dr. Stefan Schulte

  PR Newswire

  FRANKFURT, Germany, September 2, 2013

FRANKFURT, Germany, September 2, 2013 /PRNewswire/ --

Fraport AG's supervisory board today approved a five-year contract extension
for the company's executive board chairman (CEO) Dr. Stefan Schulte. His
current term as CEO, which expires in August 2014, will be extended until
August 31, 2019. Thus, the supervisory board's early renewal is ensuring
continuity at the helm of Fraport, a leading global airport company.
Karlheinz Weimar, Fraport's supervisory board chairman, said: "We are pleased
that in the coming years Dr. Schulte will be able to continue - with his
tremendous experience and expertise - his successful work as executive board
chairman. Under Schulte's leadership, Frankfurt-based Fraport has further
developed into one of the most influential airport managers worldwide. On
behalf of the supervisory board, I wish him and the entire executive board
success in their task ahead."

Schulte has been serving as Fraport's CEO since September 2009. In 2007, he
became Fraport's vice chairman of the executive board. From 2003 to 2007, he
held the position of executive board member responsible for finance (CFO).
Born in Wuppertal, Germany, Schulte completed his education and training in
banking and economics. Before Fraport, he was board member of Cologne-based
Deutz AG, where he was responsible for finance and human resources.

For Further Information ,  Please Contact: Fraport AG Frankfurt Airport
Services WorldwideRobert A. Payne - International Spokesman; Head of
International Press & External Activities Team, Press Office (UKM-PS),
Corporate Communications, 60547 Frankfurt, Germany; Tel.: +49-69-690-78547;
E-mail: ; Internet: ; 
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