easyJet changes

EASYJET Chief Executive Andy Harrison is to step down next June and the company will announce a replacement “in due course”.  Mr Harrison, who is leaving “to seek new challenges” will be involved in any appointment.  In recent weeks he has queried the BAA sale of Gatwick and fronted an easyJet press conference dealing with old and noisy aircraft.  He also clashed with easyJet’s founder and largest shareholder, Sir Stelios Haji-Ioannou, over the airline’s policy regarding expansion strategy.  Sir Stelios is of the belief that aggressive expansion should be curtailed at the present time.  He had been sceptical of management’s plans to increase capacity, arguing that with the recession the airline should be more conservative in its plans for expansion.  Over the six months the airline has lost Chairman Sir Colin Chandler, Finance Director Jeff Carr and PR Director Toby Nichol. www.easyjet.com

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