Panalpina announced that CCO Karl Weyeneth, CLO and Corporate Secretary Christoph Hess, CIO Ralf Morawietz, EVP Air Freight Lucas Kuehner, EVP Ocean Freight Peder Winther, have resigned from their respective positions. The board of directors has further resolved to downsize the Executive Board and to eliminate the positions of Chief Commercial Officer, Chief Legal Officer, Chief Information Officer, Executive Vice President, Air Freight and Executive Vice President, Ocean Freight.