Leading European travel group Tui AG has become the latest major corporate to announce a board level legal appointment as former Clifford Chance (CC) lawyer and Demag Cranes head of legal Hilka Schneider joins as general counsel (GC).
Schneider, who in 2008 took over as head of the legal department at Demag and in 2011 saw the company through its $1.4bn hostile takeover by New York Stock Exchange-listed heavy equipment manufacturer Terex, will join the management board of TUI and will assume responsibility for group legal affairs, governance, risk and compliance.
German-headquartered Tui’s three business sectors are TUI Travel; TUI Hotels & Resorts; and Cruises, with its 2011/12 group turnover standing at €18.3bn.
As of mid-2014 Schneider, a corporate lawyer who started her legal career at CC in 2000 before joining DAX-listed Deutsche Post DHL in 2005, will also head the executive board office of the company. Continue reading “Board level appointment for incoming Tui general counsel”