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Rüdiger Grube heading Deutsche Bahn until end of 2017

DB Supervisory Board extends CEO’s contract

(Berlin, December 12, 2012) Dr. Rüdiger Grube is to head Deutsche Bahn AG until December 2017.

The Group’s Supervisory Board approved his reappointment and contract extension in his role as the DB CEO effective January 1, 2013. 61 year-old Grube has been at the helm of the mobility and logistics group and its 300,000 employees around the globe since May 1, 2009.

After the ordinary meeting of the Supervisory Board, DB Supervisory Board Chairman Prof. Dr. Dr. Utz-Hellmuth Felcht stated: “This decision enables us to cement continuity and dependability in DB. Rüdiger Grube and his Board of Management team will now be able to continue to push the Group’s already initiated modernisation and cultural transformation.”

Dr. Grube: “I am delighted about this expression of confidence and am looking forward to continuing close cooperation with our managers and employees, who make a vital contribution to our success. We are on the right track, but we still have a long way to go before we reach our destination. And a lot of work still lies ahead of us in the years to come. I will be continuing to focus on improving Germany’s rail service, step by step.”   

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