Matthias Magnor to succeed Frank Dreeke as CEO in 2025

Matthias Magnor (left), member of the Board of Management and Chief Operating Officer (COO) of the BLG Group since 2021, will take over from Frank Dreeke, who has been CEO of the seaport and logistics service provider BLG for more than a decade, on January 1, 2025.

After five years at the helm of BLG LOGISTICS, CEO Frank Dreeke is leaving the company as planned at the end of this year. Today, the Supervisory Board of BLG unanimously appointed Matthias Magnor as his successor.

Matthias Magnor has been a member of the Board of Management and Chief Operating Officer (COO) of the BLG Group since 2021. “We are delighted that we have found a successor in Matthias Magnor who already knows the company very well and has successfully driven the transformation of the operational areas of BLG over the last three years. It means that on January 1, 2025 a worthy successor for Frank Dreeke will take up the reins,” says Dr. Klaus Meier, Chairman of the Supervisory Board of BREMER LAGERHAUS-GESELLSCHAFT –Aktiengesellschaft von 1877-.

“Becoming CEO of the BLG Group from 2025 is a great honor for me. I'm very proud to be able to steer BLG LOGISTICS into the future together with my colleagues,” says Matthias Magnor. Magnor draws on extensive expertise in supply chain management, logistics, services and retail. After various positions in the logistics industry, he was appointed to the BLG Board in 2021 – initially as Head of the CONTRACT Division. In 2022 he became Chief Operating Officer with responsibility for the two operational divisions CONTRACT and AUTOMOBILE.

Matthias Magnor

“I'm delighted that Matthias Magnor will be my successor,” emphasizes Frank Dreeke. “It's extremely good news for the company and all BLG employees”. Now 64 years of age, Frank Dreeke will leave the company at the end of the year after reaching the standard retirement age for executive officers. This was set by the company in compliance with the German Corporate Governance Code. “In Frank Dreeke, we are taking leave of a CEO who was active both as a manager and a member of the BLG family. He has been closely connected with the company since childhood, and always successfully managed BLG with clear purpose and optimism,” explains Klaus Meier. “We are looking forward to our remaining time with him as well as to what the future will bring for the company.”

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