June 30 - Cargolux president and ceo, Dirk Reich, has decided to step down from the company at the end of July due to “personal reasons beyond the air cargo business”.

Richard Forson, executive vice president and chief financial officer, has been nominated as the company's new president and ceo, effective August 1.

Maxim Strauss, vice president corporate development, will take on Forson's role.

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