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EasyJet boss to step down

Tuesday, 17 May 20053 min read

EasyJet CEO Ray Webster is to leave the no-frills airline.

He is retiring early once a successor has been found after almost a decade with the airline.

Meanwhile, founder Stelios Haji-Ioannou is to rejoin the board of the carrier as a non-executive director.

Mr Webster had been due to leave next year but will go early as soon as a replacement has been recruited. He will stay in an advisory capacity until November 30.

He is quoted as saying: “I believe now is the appropriate time for the company to bring forward its  succession planning process. The airline is in good shape, with a strong management tea, and dediacted people operating in dynamic markets, and I wish the easyJet team considerable future success.”

Report by Phil Davies