Deutsche Bahn is set to appoint its first female CEO, marking a pivotal moment for the German rail operator as it grapples with deep-seated crises. The appointment comes after months of searching for a successor to Richard Lutz, who failed to resolve persistent issues plaguing the railway.
The search for a new leader began roughly a month ago, following Federal Transport Minister Patrick Schnieder‘s announcement in mid-August that Lutz would be replaced. the new CEO faces monumental challenges, including frequent train delays, aging infrastructure, and a complex corporate structure with numerous subsidiaries. The success of the appointment will be measured by improvements in the historically low punctuality rates of German trains, impacting millions of daily commuters and freight customers.
Broken trains, dilapidated rails, and a elaborate company structure with hundreds of subsidiaries: The new DB boss will have to solve major problems. (TSP/DPA)
