Karl-Ludwig Kley

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Karl-Ludwig Kley
Karl Ludwig Kley 01.jpg
Born (1951-06-11) 11 June 1951 (age 70)
Munich, Bavaria, Germany
TitleChairman of Lufthansa
Term2017-
SuccessorStefan Oschmann

Karl-Ludwig Kley (born 11 June 1951 in Munich) is a German business executive, and was the chief executive officer (CEO) and chairman of the executive board of the German multinational chemical, pharmaceutical and life sciences company Merck.[1]

Education[]

Kley studied law at LMU 1974–1979 and completed his practical training as a lawyer in Hamburg and Johannesburg from 1979 to 1982. He earned a doctorate in law at LMU in 1986.

Career[]

Kley worked for Bayer from 1982 to 1998, most recently as head of corporate finance and investor relations. He was chief financial officer and a member of the executive board of Lufthansa 1998–2006.

In 2006 Kley joined Merck as a member of the executive board, and he became CEO of Merck in April 2007.[2][3] Under his leadership, Merck strengthened its two non-pharmaceutical divisions, which make laboratory supplies and specialty chemicals, and completed a $17 billion deal to buy US laboratory supplies company Sigma-Aldrich.[4] In his capacity at Merck, Kley was part of Chancellor Angela Merkel’s delegation on a state visit to Japan in 2015. In October 2015, it was announced that Kley would retire in April 2016, and be succeeded by Stefan Oschmann.[3]

In 2017, Lufthansa named Kley as new chairman of its supervisory board, replacing , who resigned six months before the end of his term.[5] There had already been speculation late in 2015 that he would replace Mayrhuber, after Kley was quoted as saying he would take the job if it was offered to him.[5]

Other activities (selection)[]

Corporate boards[]

  • E.ON, Chairman of the Supervisory Board (since 2016)[6]
  • Lufthansa, Chairman of the Supervisory Board (since 2016), Member of the Supervisory Board (since 2013)[7]
  • Verizon Wireless, Member of the Board of Directors (since 2015)[8]
  • BMW, Vice Chairman of the Supervisory Board (since 2010), Member of the Supervisory Board (since 2008)
  • HSBC Trinkaus & Burkhardt, Member of the Advisory Board (since 2005)[9]
  • 1. FC Köln, Member of the Supervisory Board (since 2007)
  • Deutsche Bank, Member of the European Advisory Board (since 2003)[10]
  • Bertelsmann, Member of the Supervisory Board (2007-2016)
  • MAN SE, Member of the Supervisory Board (2005-2007)

Non-profit organizations[]

  • Baden-Badener Unternehmer-Gespräche (BBUG), Member of the Board[11]
  • Goethe Institute, Member of the Business and Industry Advisory Board[12]
  • University of Freiburg, Member of the Advisory Board[13]
  • Konrad Adenauer Prize, former Member of the Advisory Board[14]
  • Fritz Thyssen Foundation, Member of the Board of Trustees[15]
  • 1. FC Köln, Member of the Advisory Board (-2019)[16]
  • German Chemical Industry Association (VCI), President (2012-2014)

References[]

  1. ^ "Karl-Ludwig Kley - Chairman of the Executive Board & CEO of Merck". Merck. Retrieved 14 October 2015.
  2. ^ Merck promotes Oschmann as CEO to replace Kley, The Financial Times, 13 October 2015
  3. ^ Jump up to: a b Divac, Natascha (13 October 2015). "Germany's Merck Names New CEO". WSJ. Retrieved 14 October 2015.
  4. ^ Jeevan Vasagar and Andrew Ward (October 13, 2015), Merck promotes Oschmann as CEO to replace Kley Financial Times.
  5. ^ Jump up to: a b Maria Sheahan (September 25, 2017), Lufthansa names former CFO Kley as new chairman Reuters.
  6. ^ Members of the Supervisory Board: Karl-Ludwig Kley E.ON.
  7. ^ Jens Koenen (September 25, 2017), Endlich gelandet Handelsblatt.
  8. ^ Karl-Ludwig Kley Archived 2015-11-21 at the Wayback Machine Verizon Wireless.
  9. ^ Advisory Board HSBC Trinkaus & Burkhardt.
  10. ^ 2003 Annual Report: Advisory Boards Deutsche Bank.
  11. ^ Board Baden-Badener Unternehmer-Gespräche (BBUG).
  12. ^ Organization Goethe Institute.
  13. ^ Advisory Board University of Freiburg.
  14. ^ Konrad Adenauer Prize: Advisory Board City of Cologne.
  15. ^ Board of Trustees Fritz Thyssen Foundation.
  16. ^ Präsidium strafft Strukturen 1. FC Köln besetzt seine Gremien neu Kölner Stadt-Anzeiger, October 7, 2019.
Business positions
Preceded by
Michael Römer 		CEO of Merck
2007–2016 		Succeeded by
Stefan Oschmann
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