Juergen Weber replaces TUI Chief Executive Officer Michael Frenzel as the chairman of Hapag-Lloyd's supervisory board.
Weber, chairman of the Deutsche Lufthansa AG supervisory-board, has signed on for three years after which he will most likely pass on the torch to Hapag-Lloyd Chief Executive Officer Michiael Behrendt.
Hamburg's shipping company Hapag-Lloyd AG is the fifth largest container line in the world.
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