– UK, Luton – easyJet plc (LON: EZJ) today announced the appointment of Stephen Hester to its Board as Non-Executive Director and Chair-designate. Stephen will join the Board on 1st September 2021 and then will succeed John Barton as the Board Chair on 1 December 2021.
“I am delighted that Stephen has been appointed as the next Chair of easyJet. His significant and varied experience leading major international businesses in regulated industries, coupled with his outstanding strategic thinking will serve the airline well as it leads the recovery in the post-pandemic era, complementing and adding to the skills of the existing Board and leadership team.” said current Board Chair, John Barton.
Julie Southern, Senior Independent Director, said: “We are extremely pleased to have appointed a Chair of Stephen’s caliber. Throughout our comprehensive search, Stephen consistently emerged as the stand-out candidate, chosen by the Board due to his exceptional experience, valuable commercial expertise, insightful and strategic leadership along with his ability to tackle complex challenges. Stephen’s appointment will enable a smooth transition ahead of John reaching his nine-year tenure as Chair.”
About Stephen Hester
Stephen Hester is a highly strategic and successful leader with more than 35 years of wide-ranging experience at major businesses, bringing a strong track record of value creation and listed board experience. Stephen has served as CEO of RSA Insurance Group plc from February 2014 to May 2021, as CEO of Royal Bank of Scotland Group, CEO of British Land plc and COO of Abbey National plc, as well as holding several senior executive roles at Credit Suisse First Boston in London and New York. He currently serves as a Senior Independent Director of Centrica plc having previously held a senior non-executive position as Deputy Chairman of Northern Rock.
Stephen Hester said: “As a long-standing admirer of easyJet, and from my own experience as a customer, I am very excited to be joining the airline and look forward to playing my part in driving its continued success. I see so many opportunities for this iconic brand in the coming years, all underpinned by its proven business model, unrivaled network, and loyal customer base. I am convinced we can be winners in the European airline industry of the future, serving customers well and driving attractive shareholder value. I can’t wait to join the easyJet team. “
For more information: https://www.easyjet.com/en/
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