13 NOVEMBER 2017

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Article from BTNews 13 NOVEMBER 2017

EasyJet names new CEO

Travel industry veteran Johan Lundgren has been appointed easyJet’s new chief executive. He replaces Carolyn McCall, who leaves the job at the end of this month but will stay on at easyJet until the end of December as part of the transition.

Lundgren previously served as deputy chief executive and chief executive for mainstream markets at the European tour operator TUI. The company said in his time there he increased profitability by some 48% from £370m to £546m between 2011 and 2014.

Lundgren began his career with Swedish travel group Fritidsresor, which was eventually acquired by TUI Travel, in contrast to McCall, who headed the newspaper publisher Guardian Media Group before moving to easyJet.

McCall, who is joining ITV as CEO, could prove a hard act to follow after she expanded the easyJet network to primary airports and oversaw an increase in passenger numbers and a trebling in the share price.

Lundgren said: "I have flown with and been a fan of easyJet and its wonderful people for many years. This is an exciting time to be joining. Carolyn has built a fantastic team and with them I look forward to contributing to easyJet's continued success."

www.easyjet.com

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