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SWISS Reflects On Strong Impact Of Departing CFO Markus Binkert

SWISS Chief Financial Officer Markus Binkert will leave the company after serving over 19 years.

Markus Binkert, Chief Financial Officer of Swiss International Air Lines (SWISS), will depart after over 19 years. He is embarking on a new journey as the CEO of SV Group, a conglomerate in gastronomy and hotel management. Binkert will officially vacate his role at SWISS by the end of May. The company is actively recruiting to fill the CFO position.

“Our company has a lot to thank Markus Binkert for,” says SWISS CEO Dieter Vranckx. “In the numerous key positions that he has held over the years, Markus has consistently contributed to SWISS’s success – in good times and in tougher ones such as the pandemic years. As a vital member of our Management Board, Markus has been instrumental in helping to ensure that our airline stands on the firm financial foundation that it has today, debt-free and well-positioned to meet and master the challenges ahead.”

“Markus has Swissness in his blood and has ensured time and again that SWISS embodies and reflects Swiss values,” CEO Vranckx continues. “During his time as our Chief Commercial Officer in particular, he dedicated himself to our brands and our product development, putting Swiss quality firmly center stage and, in doing so, making a huge contribution to our commercial success. I offer Markus my sincere thanks for his exceptional commitment to our company and for his outstanding team spirit, and I wish him all the very best and every further success.”

SWISS CFO Binkert Had Tangible Impact on Brand

Markus Binkert’s journey through the aviation industry is a tale of strategic innovation and leadership. Starting in strategic consultancy, he climbed aboard SWISS in 2005 to steer Global Key Accounts and Business Sales in Switzerland. His career swiftly took off as he navigated through Product, Marketing, and Distribution roles.

In 2013, Binkert’s ascent continued when he joined the SWISS Management Board as the Chief Commercial Officer. His vision reshaped SWISS’s image. His influence is visible within the luxurious aircraft interiors, welcoming airport lounges, and the exquisite inflight dining experiences passengers savor.

Binkert then led Pricing, Revenue Management, and Distribution for the entire Lufthansa Group in 2016. In 2019, he became the Chief Commercial Officer for Lufthansa Airline at Hub Munich. He oversaw Marketing for the Lufthansa Group, serving as a crucial link between SWISS and the Lufthansa Group.

March 2020 marked Binkert’s pivotal return to SWISS as the Chief Financial Officer. As a key member of the Management Board again, he oversaw the company’s finances. He also directed human resources, legal affairs, IT, and the Swiss World division. During his recent tenure as CFO, Binkert played an instrumental role in securing and managing the Swiss Confederation-backed bridging loan. This was essential for SWISS’s stability through the turbulent times of the COVID-19 pandemic.

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