Hans-J'rg Hager, Chairman of the Board of Management of Schenker Deutschland AG and member of the Schenker Board of Management responsible for land transport in Europe, has informed the DB Board of Management that he plans to leave the company this year. Mr. Hager has made his intention to tackle new challenges from the age of 60 clear for some time.

The DB Board of Management regrets this; however, it accepts his wishes. 'We at DB Schenker will take the time to discuss the next steps in the course of the coming weeks and will decide on a successor who will ensure a seamless transition. Until then, Hans-J'rg Hager will continue with his current duties,' said Dr. Norbert Bensel, member of the DB AG Board of Management for Transportation and Logistics.