The board of directors at Panalpina has proposed to elect ex-CEO of Cargolux Dirk Reich as a new board member at the next annual general meeting on May 3, 2017.

According to Panalpina, Reich will succeed Roger Schmid, who will not stand for re-election.

“We are pleased to be able to propose the election of Dirk Reich to the board of directors at our upcoming annual general meeting,” said Peter Ulber, chairman of Panalpina. “We believe his extensive knowledge in contract logistics and e-commerce as well as his experience with an air freight carrier will be an important asset for Panalpina.”

Reich stepped down as CEO of Cargolux at the end of July 2016, citing personal reasons. subsequently established R+R International Aviation AG, which advises on aviation, logistics and e-commerce in China.

Reich has previously sat on the management board of Kuehne + Nagel. He is a representative of Bundesvereinigung Logistics in China and is a member of the advisory board of the Institute of Logistics Management at the University of St. Gallen and on the board of directors at LSG Lufthansa Service Holding AG, according to Panalpina.