Expeditors CEO out, 'fresh blood in' – and another top exec change expected
Personnel business
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
CEO James Hogan may be leaving troubled Etihad sooner than anticipated. Despite not scheduled to leave till 1 July, the group has named Ray Gammell as interim chief, with immediate effect.
It’s been a bad few weeks for the airline, which saw partners Alitalia file for bankruptcy and Air Berlin apply for additional financial support from the UAE carrier, resulting in a further injection of €350m.
Mr Gamell is currently the carrier’s chief for people and performance and Etihad said it would continue to recruit a new CEO.
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