State Maintains Majority on TAP Board of Directors and Lufthansa Assumes Operational Management
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The State will have five of the nine members of the Board of Directors of the TAP, while the current management will be handed over to the Executive Board of four elements, with three appointed by Lufthansa, after the entry of the German group into the company. According to information released today by the Government, the Portuguese State will maintain the Chair of the Board of Directors ('chairman') and will indicate one of the four members of…
The State will have five of the nine members of the TAP Board of Directors.
The State will have five of the nine members of the Board of Directors of the TAP, while the current management will be handed over to the Executive Board of four elements, with three appointed by Lufthansa.
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