easyJet PLC Directorate Change (8306N)
May 26 2020 - 2:01AM
UK Regulatory
TIDMEZJ
RNS Number : 8306N
easyJet PLC
26 May 2020
26 May 2020
easyJet plc
("easyJet", the "Company")
Directorate Change
This announcement contains inside information.
easyJet plc announces that Andrew Findlay has advised the Board
of his intention to leave easyJet. In adherence with his
contractual obligations he is expected to leave easyJet in May
2021. In the meantime, Andrew will continue with his existing
responsibilities and the search for his successor will now
commence.
Commenting on the announcement, Johan Lundgren, easyJet CEO,
said today:
"Since I joined in 2017, Andrew and I have worked extremely well
together.
"As the longest standing member of the Airline Management Board,
Andrew has and continues to provide solid financial steerage and
guidance. This has been particularly so during recent months when
he was quick to secure liquidity and deliver a significant
reduction in cash burn.
"I speak on behalf of my fellow colleagues in that we will be
sorry to see him leave next year, however we all look forward to
working with Andrew over the coming 12 months as we successfully
steer easyJet though this unprecedented times for the industry.
"I would like to thank Andrew for his continued contribution to
ensure the long-term success of easyJet."
Andrew 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 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 6 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"
For further details please contact easyJet plc:
Institutional investors and analysts:
Michael Barker Investor Relations +44 (0)7985 890 939
Holly Grainger Investor Relations +44 (0)7583 101 913
Media:
Anna Knowles Corporate Communications +44 (0)7985 873 313
Edward Simpkins Finsbury +44 (0)7947 740 551 / (0)207 251 3801
Dorothy Burwell Finsbury +44 (0)7733 294 930
LEI: 2138001S47XKWIB7TH90
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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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