BERLIN / LONDON (IT BOLTWISE) – Deutsche Bahn is facing a significant change in leadership: Bernhard Osburg, former CEO of the Thyssenkrupp steel division, is to take over the management of the ailing freight transport sector DB Cargo. This decision follows the recent announcement of the departure of Sigrid Nikutta, whose restructuring plan was assessed as inadequate.
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Deutsche Bahn is facing a significant change in leadership in the freight transport sector. Bernhard Osburg, the former CEO of Thyssenkrupp’s steel division, is to take over the management of DB Cargo. This decision follows the recent announcement of the departure of Sigrid Nikutta, whose restructuring plan for the ailing subsidiary was assessed as inadequate. The change at the top of DB Cargo still needs to be confirmed by the supervisory board, with a special meeting scheduled for October 30.
Osburg, who worked at Thyssenkrupp until August 2024, left the company in the wake of a dispute over the group’s realignment. Now he should take on the challenge of getting Deutsche Bahn’s freight traffic back on track. This personnel decision is part of a comprehensive restructuring of the board of the federally owned railway company, which is under the new leadership of Evelyn Palla. A few days ago, the plans for the still vacant finance and regional transport departments were announced.
The new CFO is Karin Dohm, who previously worked at the Hornbach hardware store chain. She will succeed Levin Holle, who left the company in the spring for a position in the Federal Chancellery. Harmen van Zijderveld is considered Palla’s successor for regional transport. He was previously responsible for the rail department on the board of the railway subsidiary DB Regio. These personal details also have to be confirmed by the Supervisory Board.
The challenges for Osburg at DB Cargo are considerable. Deutsche Bahn’s freight transport sector is under pressure as it faces rising costs and intense competition. Expectations are high for Osburg, as he will use his experience in the steel industry to provide new impetus and increase the efficiency of freight transport. Industry experts see his appointment as an opportunity to redefine DB Cargo’s strategic direction and strengthen its competitiveness.
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