Deutsche Bahn Chief Financial Officer resigns

Alexander Doll, the DB’s Chief Financial Officer and the head of Freight Transport and Logistics at Deutsche Bahn, will leave the company on December 31, 2019, as the Supervisory Board of the group ended the contractual relationship with Doll by mutual agreement.
“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,” Doll said.
At DB, Alexander Doll introduced innovative financing tools and initiated and advanced the process of selling Arriva. “He made an important contribution to the Group’s viability for the future (…). 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,” said Michael Odenwald, Chairman of the Supervisory Board.
In 2017, Doll was appointed to the Management Board of Deutsche Bahn to serve as the member responsible for Freight Transport and Logistics. Responsibility for the Group’s Finance Board Division was assigned to him in January 2019.
Recently, DB’s Supervisory Board approved a new Management Board structure and announced that starting January 1, 2020, Sigrid Nikutta will join the Management Board and will be responsible for Freight Transport, heading DB’s freight transport business, as Chair and CEO of DB Cargo. Nikutta worked at DB Cargo from 2001 to 2010, when it was known as DB Schenker Rail Deutschland AG. One of her main responsibilities was block train transport, and she also sat on the Management Board of DB Schenker Rail Polska.

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