easyJet has announced that Sir Colin Chandler will step down as its chairman on 1 July 2009.
Chandler announced his intention to stand down this year at the easyJet AGM on 4 February 2009 and that a search for his successor was under way. Sir David Michels, currently the senior independent director, will serve as interim chairman from 1 July until a permanent appointment is made.
Also announced today is that Sir Michael Rake will join the easyJet board as deputy chairman in the early summer prior to Chandler's departure. Rake is currently chairman of British Telecom prior to which he was chairman of KPMG International.
Sir Stelios Haji-Ioannou, easyJet founder and non-executive director, commented, “I would like to thank Sir Colin for his leadership of the board and excellent years of service to easyJet. Having participated with other colleagues in these new appointments, I look forward to working more fully with Sir David and welcoming Sir Michael onto the board as we take easyJet into the future.”
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