easyJet PLC Directorate Change (6698B)
January 08 2015 - 9:30AM
UK Regulatory
TIDMEZJ
RNS Number : 6698B
easyJet PLC
08 January 2015
easyJet plc
Directorate change
8 January 2015
easyJet plc ('easyJet') announces that Chris Kennedy has advised
the Board of his intention to leave easyJet in order to become
Chief Financial Officer of ARM Holdings plc. The terms of his
contract with easyJet require that he serve a notice period of up
to one year. In the meantime, Chris will continue with his existing
responsibilities until a successor has been secured. The search for
his successor will now commence.
Commenting on the announcement, Carolyn McCall, easyJet Chief
Executive said today:
"Chris has been a key part of the management team that has
transformed easyJet's performance since 2010. He has built a strong
finance and procurement team and leaves easyJet in excellent
financial health. The airline's balance sheet is the strongest in
European aviation.
"Having joined easyJet on the same day and worked with Chris for
nearly five years I will be sorry to see him leave. On behalf of
all the easyJet team we wish him well in his exciting new global
role at one of the world's leading technology companies."
Chris Kennedy, easyJet Chief Financial Officer said:
"I have thoroughly enjoyed my time at easyJet and am proud of
the significant progress easyJet has made over the last few years
in making travel easy and affordable for our passengers and
delivering industry leading returns for our shareholders.
"The decision to leave was a very difficult one. easyJet has a
strong team and is better placed than ever to continue to grow and
thrive. However, the opportunity to work for ARM in a sector in
which I have had a long held interest is the right move for me at
this time.
"I wish Carolyn and the team all the very best as they continue
to take easyJet from strength to strength."
Enquiries should be directed to:
Investor:
Will MacLaren, Investor
Relations +44 (0) 7961 763 879
Media:
Paul Moore, Communications +44 (0) 7860 794 444
This information is provided by RNS
The company news service from the London Stock Exchange
END
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