Klaus-Michael Kühne, the former CEO of family-owned global logistics powerhouse Kuehne+Nagel International AG, died Sunday at the age of 89, the company announced.
Born in Hamburg, Germany, Klaus-Michael Kühne in 1958 joined the company co-founded by his grandfather 68 years earlier in Breman, Germany. In 1966, at age 29, he took over as chief executive officer of K+N Speditions-AG, as the company was called at the time. In 1974, with the internationalization of the business, both K+N and Klaus Michael moved to Switzerland. In 1979, he opened K+N's first office in China. The company moved its headquarters to its current location in Schindellegi, Switzerland, in 1992, when he also added the chairman's ****** le. In 1994, Klaus-Michael took the company public on the Swiss stock exchange.
Since 2011, Klaus-Michael has held the position of honorary chairman of the board. He established Kuhne Logistics University in Hamburg and the philanthropic Kühne Foundation.
He owns about 30% of container shipping company Hapag-Lloyd and about 17% of German airline Lufthansa.
He is considered one of the key figures in the logistics industry for helping to expand global trade through air and ocean freight forwarding, warehousing and supply chain management across multiple continents.
#klaus #michael
Born in Hamburg, Germany, Klaus-Michael Kühne in 1958 joined the company co-founded by his grandfather 68 years earlier in Breman, Germany. In 1966, at age 29, he took over as chief executive officer of K+N Speditions-AG, as the company was called at the time. In 1974, with the internationalization of the business, both K+N and Klaus Michael moved to Switzerland. In 1979, he opened K+N's first office in China. The company moved its headquarters to its current location in Schindellegi, Switzerland, in 1992, when he also added the chairman's ****** le. In 1994, Klaus-Michael took the company public on the Swiss stock exchange.
Since 2011, Klaus-Michael has held the position of honorary chairman of the board. He established Kuhne Logistics University in Hamburg and the philanthropic Kühne Foundation.
He owns about 30% of container shipping company Hapag-Lloyd and about 17% of German airline Lufthansa.
He is considered one of the key figures in the logistics industry for helping to expand global trade through air and ocean freight forwarding, warehousing and supply chain management across multiple continents.
#klaus #michael
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