12/08/2021

Disclosure of inside information pursuant to Article 17 MAR

In today's meeting the Supervisory Board of Deutsche Post AG has initiated the leadership transition at the top of Deutsche Post DHL Group. Frank Appel has decided not to remain for another full term in office. The Supervisory Board has extended Frank Appel's contract until the Annual General Meeting on May 4th 2023. Post & Parcel Germany CEO, Tobias Meyer, will take over responsibility for the Global Business Services department from July 2022 and become Group CEO in May 2023. Nikola Hagleitner, currently Chief Sales Officer at Post & Parcel Germany, will take over as CEO P&P Germany on July 1, 2022 and become a member of the Management Board.

Meyer joined the company in 2013 and has held a wide variety of positions including Head of Corporate Development, Chief Operations Officer at DHL Global Forwarding, Freight (DGFF), and Head of Operations and IT at Post & Parcel Germany. He has been CEO of P&P Germany and a member of the DPDHL Management Board since March 2019.

"In Tobias Meyer we have a recognized expert of the company taking over as DPDHL Group CEO. He is the ideal choice to continue the very successful path the company has charted. With Strategy 2025, the Management Board successfully executes along the major megatrends of Digitalization, Sustainability, Globalization, and eCommerce, "says Dr. Nikolaus von Bomhard, Chairman of the Supervisory Board of Deutsche Post AG.

Von Bomhard adds: "We thank Frank Appel for his support to assure this seamless transition. Frank Appel's performance during his more than 13 years at the top of DPDHL Group has been outstanding. He made the company into a leading global logistics powerhouse that connects people and markets, thereby enabling global trade. Under Appel's leadership, the company has posted one record after the next. Deutsche Post DHL Group has much to thank him for."