Frank Appel has been Chief Executive Officer of Deutsche Post since February 18, 2008. His present appointment is through October 2017. He has been Member of the Board of Management of Deutsche Post AG since November 1, 2002.
Dr. Appel served as Head of Logistics, Mail International division of Deutsche Post AG since 2007. In this position, he was responsible for Global Business Services including Legal Services Insurance and Risk Management, Corporate Procurement, Information Technology, Corporate Real Estate, Finance Operations, DPWN Business Consulting and Global Customer Solutions at DHL.
He served as Head of Global Business services and Head of Corporate services of Deutsche Post AG and served as its Managing Director of Corporate Development since 2000.
Deutsche Post AG, operating under the trade name Deutsche Post DHL, is the world's largest courier company. With its headquarters in Bonn, the corporation has 480,006 employees (FTE 435,285) in more than 220 countries and territories worldwide and generated revenue of €55.085 billion in 2013. As of December 31, 2013 21% of its shares are held by the state-owned KfW bank, 79% are freely floating; 67.8% of which are held by institutional[who?] and 11.2% by private investors. Since its privatization, Deutsche Post has significantly expanded its business area through acquisitions. Deutsche Post is listed in the DAX stock market index. In September 2013, Deutsche Post AG additionally joined the Euro Stoxx 50 Index.