EasyJet finance chief resigns days after surviving Stelios vote

Linda J. Dodson

EasyJet’s finance chief has resigned just days after shareholders voted not to oust him in a ballot triggered by founder Sir Stelios Haji-Ioannou. 

Andrew Findlay, who joined easyJet in October 2015, will stay on until May 2021 in line with his contractual obligations. 

Mr Findlay said: “Although I have given notice to leave easyJet in a year’s time, I remain fully committed to the business to support Johan [Lundgren] and to ensure easyJet successfully weathers this unprecedented time for the airline industry. 

“By the end of my notice period I will have been with this great company for almost six years and it will be the right time to pass the financial reins to someone who will help take easyJet into its next chapter. 

“I would like to thank the shareholders who supported me and my fellow directors in the recent general meeting.  I intend to repay that support in the coming year.”

EasyJet will now launch a search for a new CFO.  

Mr Findlay’s departure comes despite shareholders resoundingly backing him in Friday’s vote on whether to force him out.

The ballot was brought forward by Sir Stelios in a row over a £4.5bn order for Airbus planes. 

More than 99pc of votes cast by shareholders other than Sir Stelios and his family supported keeping Mr Findlay in his position. 

Source Article

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