Tim Scharwath has formally joined the Board of Management of Deutsche Post DHL Group as the new CEO of DHL Global Forwarding, Freight. As announced in May 2016, he takes over his new role from Group CEO Frank Appel, who managed the function in the interim. Scharwath was previously heading the air freight business at Kuehne + Nagel International AG. Building on his expertise, he will lead the division’s turnaround and work to develop EBIT in the business.
“We are delighted to welcome Tim Scharwath the new member of the Board of Management for DHL Global Forwarding, Freight. The extensive work of restructuring and improving processes in the division is already paying off, as our results have shown. As a real expert in the freight forwarding world, I am certain that Tim is prepared for his new responsibilities and is the right choice to realise the ambitious goals we have for the DHL Global Forwarding, Freight division,” said Frank Appel, CEO Deutsche Post DHL Group.
Scharwath formerly held several management positions within Kuehne + Nagel International AG. In his latest role as Member of the Board he took responsibility for the management of the global air freight and sales organisation, the integration of acquired companies, and steered Kuehne + Nagel to become the number two air forwarder globally. In his new role at Deutsche Post DHL Group, he is set to continue the division’s momentum in implementing the IT renewal programme and improving profitability. In the long term, the division aims to improve the gross profit-to-EBIT ratio in order to close the gap to sector benchmarks.
“I am enthusiastically looking forward to joining Deutsche Post DHL Group at a time of significant opportunity. As we build a strong foundation for DHL Global Forwarding, Freight, I want to reinforce our core business model, lead a strong and proud organisation and enhance sustainable customer value,” stated Tim Scharwath.
Source: Deutsche Post DHL Group