Rail News

Michael Odenwald Elected New Chairman of DB Supervisory Board

The Supervisory Board of Deutsche Bahn AG today unanimously elected Michael Odenwald to serve as its new chairman.

Michael Odenwald elected on to DB Supervisory Board
© Deutsche Bahn AG / Pablo Castagnola

Odenwald, who has a degree in law, most recently served as a state secretary in the German transport ministry. He succeeds Professor Utz-Hellmuth Felcht, who stepped down as chairman at the end of March. Odenwald’s term runs until March 2020.

“Deutsche Bahn faces major challenges, in large part because the digital age is radically changing the way people and goods travel from A to B,” said Odenwald in Berlin on Tuesday. “There is much to do – let’s tackle it together.”

“We look forward to our work together,” said Dr. Richard Lutz, the CEO of Deutsche Bahn. “Mr. Odenwald and I have known each other for many years. We will not need extra time to get acquainted; we can get down to business right away – and that will make a difference for our customers and employees.”

Michael Odenwald’s Professional Background

After obtaining his law degree, Michael Odenwald began his career over 25 years ago at the German transport ministry. During his tenure there, he became known in particular as a rail expert. Odenwald played a key role in the work done in the German parliament on the first Performance and Financing Agreement (“LuFV”), which was signed in 2008. The LuFV governs the role of DB and the German government in rail infrastructure maintenance. Odenwald also played an important role in the preparation of the German Federal Transport Infrastructure Plan and the drafting of the Rail Requirements Plan, which was established based on the Transport Infrastructure Plan to govern construction of and upgrades to rail infrastructure in Germany. In October 2012, Odenwald was appointed State Secretary at what was then the Federal Ministry of Transport, Building and Urban Development. He was also appointed a member of the DB Supervisory Board, where he represented the German government, DB’s sole shareholder. In addition, Odenwald coordinated rail-related matters in the German government during the most recent legislative session, from 2013 to 2017.

Related Posts:  Coradia iLint: First Hydrogen-Powered Trains Start Services in Germany

Original press release credit: Deutsche Bahn

News categories

10 Oct 2018
Germany Launches New Alliance with Business to Promote Rail
05 Oct 2018
DB Sets Up DB Cargo Eurasia Due to Success of Trans-Eurasian Corridor
04 Oct 2018
European Court of Auditors: Progress is Slow on High-Speed Rail Across the EU
04 Oct 2018
Bombardier Partners with Siemens to Supply New ICE 4 Trains to DB
02 Oct 2018
DB Makes International Train Travel Easier in Europe
01 Oct 2018
Railway-News Industry Insider: 20 Must-Read Rail Stories This Week
01 Oct 2018
DB Netz to Invest 825 Million Euros in Upgrading Its High-Speed Lines
28 Sep 2018
DB Invests Additional Billion Euros in ICE 1 and ICE 4 Trains
Subscribe to Railway-News
Get the latest contract alerts and Railway News emailed directly to your inbox.

We respect your privacy and take protecting it seriously.

Please tick to confirm you would like to receive emails we think may be of interest to you. We sometimes tailor the content you see to what we think you'll find interesting, and so monitor your interaction with our website and email content (find out more).