Alexander Doll to leave the DB Management Board

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Alexander Doll to leave the DB Management Board

The Member of the Management Board for Finance, Freight Transport and Logistics will leave the company as of December 31

Alexander Doll, Member of the Management Board for Finance, Freight Transport and Logistics, will leave the company on December 31, 2019. The Supervisory Board of Deutsche Bahn AG ended the contractual relationship with Doll by mutual agreement today.

Doll was appointed to the Management Board of Deutsche Bahn to serve as the member responsible for Freight Transport and Logistics in November 2017. Responsibility for the Group's Finance Board Division was assigned to him in January 2019.

Michael Odenwald, Chairman of the Supervisory Board, had this to say: "On behalf of my fellow Supervisory Board members, I would like to thank Alexander Doll and express my appreciation for his successful performance and collaboration based on mutual trust. He introduced innovative financing tools at DB, and thanks to his value-focused strategy for management control, he has made an important contribution to the Group's viability for the future. In this context, he took a professional approach to initiating and advancing the process of selling Arriva. He quickly won the confidence of employees with his clear communication style and set the course to refocus freight transport. We regret that he is leaving but we have great respect for his decision."

"The only way for DB to become a better company is for all participants to work with each other with a shared understanding and trust," Doll said. "I have been an eager participant and a firm believer in our efforts. Due to differences in opinion about the strategic development and leadership of Deutsche Bahn AG, we have mutually agreed to end the contractual relationship at the end of the year."