That means chair (of a company). Or chairman. Or chairwoman in this case.

And chairwoman of the CDU is what Angela Merkel now no longer wants to be.

Chancellor Angela Merkel of Germany on Monday took her first concrete steps to move away from political life, saying she would give up leadership of her conservative party while vowing to finish out her term as chancellor until 2021.

Ms. Merkel made her announcement, in a meeting of conservative leaders, after two disastrous results in regional elections that saw her party and its allies slump to near-record lows.

“Zeit, ein neues Kapitel aufzuschlagen.”