Michael Frenzel (born 2 March 1947)[citation needed] is a German business executive.
[1] When aged nine, he escaped to West Germany with his father and lived in a refugee camp for three years.
[6] The company also acquired the German tourism operator TUI in 1998 and the French firm Nouvelles Frontières.
[1] In July 2002, Preussag was rebranded as TUI, short for Touristik Union International, the name of a subsidiary it had bought previously.
[4] He has served on the supervisory boards of several large German companies, including Volkswagen, Deutsche Bahn, and Norddeutsche Landesbank.