Swiss has shored up its management teams in order to provide greater corporate stability as the Lufthansa Group carrier deals with the consequences of the coronavirus outbreak.
It has installed Markus Binkert as its chief financial officer – a position which had been left vacant – and appointed Thomas Frick as chief operating officer, having restored the post on the management board.
“Both appointments are an immediate response to the major challenges which the company is currently facing as a result of the coronavirus crisis,” says the carrier.
Binkert is the chief commercial officer for Lufthansa’s Munich hub, and formerly served in this role at Swiss from 2013 before moving to the Munich post last year.
Frick was formerly a Swissair and Swiss pilot and is currently accountable to regulatory authorities for Swiss flight operations.
“In times as demanding as these, we must be fully capable of action in every area and stock our management board with additional expertise and professionalism to ensure we are ready to handle this exceptional situation,” says Swiss board chairman Reto Francioni.
