"Evelyn Palla is to become the first female CEO of Germany's Deutsche Bahn national rail operator, German media reported on Saturday. The Bild tabloid reported that Transport Minister Patrick Schneider would announce the appointment on Monday. According to the paper, Schneider will also present his overall plans for the company. There was no immediate comment from the ministry or from Deutsche Bahn."
"The 52-year-old hails from the South Tyrol region of northern Italy. She joined the company in 2019 and had previously worked for chipmaker Infineon, energy firm E.ON and the Austrian railway operator OBB. Palla is set to replace Richard Lutz, who had served as Deutsche Bahn's CEO since 2017 and was dismissed last month. She had previously run the regional subsidiary of the company, DB Regio, where she delegated more powers to regional management teams, according to the Suddeutsche Zeitung daily."
"The railway operator has been dogged by widespread delays and cancellations, which the company has blamed on old and overloaded infrastructure. Deutsche Bahn was forced to pay 197 million ($231 million) in compensation in 2024 due to late and canceled trains. Chancellor Friedrich Merz promised to restructure Deutsche Bahn's management and modernize Germany's transport infrastructure when he came to power in May. The firm is a a joint-stock company owned 100% by the German state."
Evelyn Palla is set to take over as CEO of Deutsche Bahn and will be the company's first female chief executive. Transport Minister Patrick Schneider is expected to announce the appointment and present plans for the company. Palla, 52, from South Tyrol, joined Deutsche Bahn in 2019 and previously worked at Infineon, E.ON and Austria's OBB. She ran DB Regio and delegated more powers to regional management teams. Palla will replace Richard Lutz, dismissed last month. Deutsche Bahn faces widespread delays and cancellations, paid 197 million ($231 million) in compensation in 2024, and is wholly state-owned as a joint-stock company.
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