The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
EasyJet Plc Chief Financial Officer Andrew Findlay has informed the carrier that he plans to leave next year, days after facing down a demand for his removal from the board in a dramatic shareholder vote.
Findlay will stay on until May 2021 when his contract expires, EasyJet said in a statement on Tuesday. The low-cost carrier said it would begin a search for his replacement.
Investors resolved to retain Findlay and three other directors, including Chief Executive Officer Johan Lundgren and Chairman John Barton.
They were targeted for ouster by founder-turned-activist Stelios Haji-Ioannou, who has sought to pressure the company to cancel an order for more than 100
Airbus SE jets.