Julia Kranenberg Appointed as Fraport AG’s Future Executive Board Member for HR
Ms Kranenberg joined Essen-based energy company RWE in 2007, where she held various HR management positions. After RWE split its operations into separate companies, she joined Innogy SE in 2016. Serving as the head of HR Development and Top Executive Management for the entire Innogy Group, she was responsible for the development of the 40,000 employees and managers – including HR management for senior executives.
Following the subsequent acquisition of Innogy by the E.ON Group, Kranenberg played a key role from April 2018 onward in integrating the HR activities of both companies. In March 2020, she moved to Avacon AG to assume executive responsibilities for HR, along with purchasing, property and environmental safety.
Fraport AG’s future executive board member Julia Kranenberg is married and has a 10-year-old son.
Michael Boddenberg, Fraport AG Supervisory Board Chairman and Minister of Finance of Hesse, underscored that he was very satisfied with the executive selection. “We got to know many high-caliber business leaders, but ultimately Julia Kranenberg stood out because of her diverse experience gained in a large infrastructure company, where she supported a range of transformation processes. I was also impressed by her straightforward professional and human approach.”
Boddenberg also praised the services of the outgoing Executive Director Labor Relations: “With Michael Müller’s departure, Fraport AG is losing an outstanding leader who, with his almost 40 years of airport experience, played a key role in making Fraport AG the success that it is today. In particular, safeguarding the interests of employees – both in good times and during the aviation industry’s years of crisis – was always a matter close to his heart. I would like to thank Mr. Müller for his outstanding work, dedication and cooperation and wish him all the best and God’s blessings for the future.”
Michael Müller joined Fraport’s Executive Board in October 2012. Since then, he has held board responsibility for Ground Services, Human Resources and Internal Auditing. In 1984, Mr. Müller joined FAG, as the Frankfurt Airport operating company was formerly called. From 1993, he held a range of executive HR roles. A graduate in economics, Müller was appointed head of Human Resources in 1997. In 2009, he was appointed head of Ground Services at Fraport AG.
Headquartered in Frankfurt, Germany, Fraport AG (Frankfurt Stock Exchange, MDAX) is one of the leading players in the global airport business. Fraport’s portfolio of companies spans four continents with activities at 31 airports worldwide. In pre-pandemic 2019, more than 182 million passengers used airports in which Fraport has at least a 50 percent stake. Impacted by the Covid-19 pandemic, Fraport’s majority-owned Group airports welcomed only about 86 million passengers in 2021. In fiscal year 2019 (Dec. 31), Fraport AG generated revenue of €3.7 billion and profit of some €454 million. Revenue reached €1.7 billion, while profit decreased to minus €690.4 million in fiscal 2020.
Fraport’s home-base Frankfurt Airport (FRA) is strategically located in the heart of Europe at the junction of vital intermodal road, rail and air networks. The surrounding Frankfurt Rhine-Main-Neckar region serves as an economic powerhouse and logistics hub for Europe and the world. In 2019, FRA welcomed more than 70.5 million passengers and handled 2.1 million metric tons of cargo. Only 24.8 million passengers traveled through FRA in 2021, due to the Covid-19 pandemic. Cargo volumes reached an all-time record of some 2.3 million metric tons in 2021.
Avacon is one of Germany’s largest regional electricity and gas network operators. As an infrastructure company, Avacon is responsible for the construction and operation of an approximately 60,000-kilometer long electricity grid and a 20,000-kilometer long gas grid. The company creates energy solutions in the areas of electricity, gas, water, heating, cooling, mobility and lighting.
Fraport AG – Frankfurt Airport Services Worldwide
Flughafen Frankfurt am Main
60547 Frankfurt
Telefon: +49 (69) 690-0
Telefax: +49 (69) 078001
http://www.frankfurt-airport.de
Corporate Communications Media Relations
Telefon: +49 (69) 690-63154
E-Mail: j.harrer@fraport.de