Kevin King takes the reins as TT Club's new CEO
Kevin King has been confirmed as chief executive officer of transport and logistics insurer TT ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
IAG Cargo CEO Steve Gunning is to become chief financial officer at British Airways next year.
He will replace Nick Swift who is leaving the airline “to pursue other opportunities”, said IAG today.
The airline group, comprising BA, Iberia, Vueling and Aer Lingus, also announced that Vueling chairman and CEO Alex Cruz is to replace Keith Williams as chairman and chief executive of British Airways in April when Mr Williams retires after 18 years at the airline.
Willie Walsh, IAG chief executive, said: “Steve Gunning has been highly effective in setting up IAG’s first ever single business unit at IAG Cargo. The business is industry-leading with a ground breaking operating model and cost focus.”
Announcements about his replacement at IAG Cargo and the new CEO of Vueling will be made in due course, said IAG.
Mr Walsh said: “I would like to thank Keith Williams for all that he has achieved at British Airways. It has been a great personal privilege to work with Keith for the last 10 years. Keith is not only British Airways’ executive chairman, he was fundamental to the creation of IAG. IAG is as much his legacy as is his leadership of BA.”
“Under Alex Cruz’s leadership, Vueling has become a dynamic, innovative and cost-effective airline and Alex will bring new experience and insight to British Airways.
Mr Cruz said: “I look forward to working next year at one of the world’s largest and most iconic airlines. The challenge at British Airways is to continue providing excellent customer service while ensuring that we meet the financial targets that IAG sets for us.”
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
Comment on this article