News

Sixt CEO Steps Down After 50 Years in Charge

Sixt CEO Steps Down After 50 Years in Charge

Erich Sixt, CEO of multinational car rental company SIXT has announced he will be resigning from the management board after 50 years at the helm of the company.

At the age of 76 and after more than 50 years at the helm of the company, during which he has led SIXT from being a local car rental company to become one of the world’s leading premium mobility providers with sales of more than €3.3 billion, CEO Erich Sixt will resign from his position on the Management Board after the Annual General Meeting on June 16 of this year. He will be handing over the Group’s management to Alexander and Konstantin Sixt and join the Supervisory Board of Sixt SE, where he plans to serve as its Chairman.

Alexander and Konstantin Sixt

The future Co-CEOs and previous members of the Management Board Alexander and Konstantin Sixt together bring nearly 30 years of strategic and operational experience working for the SIXT Group. Among their other achievements, they have played a key role in shaping the company’s success, growth and transformation story by founding and successfully exiting from DriveNow, the exponential increase in sales through the expansion of business customer sales and the e-commerce business, the IPO and sale of Sixt Leasing SE, the launch of the ONE mobility platform with the new SIXT share, SIXT ride and SIXT+ products and, last but not least, through their successful crisis management during the global COVID-19 pandemic.

Alexander and Konstantin Sixt: “We are facing up to this challenge with a great sense of joy and determination, but also with deep humility, gratitude and respect for the life’s work of Erich Sixt, as well as for our responsibility to our employees.”

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Fionn Davenport is the editor-in-chief of the ITTN group, including ITTN and ITTN Ireland. He's one of Ireland's best-known travel journalists and writers, with nearly 30 years' experience writing guidebooks for Lonely Planet and others.

More in News

One in Five Irish Adults Have Made Short-Term Travel Plans

Fionn DavenportMay 4, 2021

Travel Tip Tuesday: Jean Cusack, Icon Travel

Allie SheehanMay 4, 2021

Safety Measures on Ryanair and Aer Lingus for When Travel is Allowed

Fionn DavenportMay 4, 2021

MSC Seaside Returns to Mediterranean

Fionn DavenportMay 4, 2021

Turkish Airlines Announces Summer Schedule Ex Dublin

Fionn DavenportMay 4, 2021

Travel-Hungry Customers Want New Adventures

Fionn DavenportMay 4, 2021

JWT Just a Tiny Part of Unfolding Disaster

Fionn DavenportMay 4, 2021

Star Wars Day: The European Hidden Star Wars Destinations to Visit

Fionn DavenportMay 4, 2021

Ireland ‘Leading’ Europe in Developing Digital Green Cert, Minister Says

Fionn DavenportMay 4, 2021

Copyright © 2021 ittn