EasyJet boss packs bags after seven turbulent years – with firm naming successor...

His successor will be the company’s finance chief Kenton Jarvis.He has also had to navigate a tricky relationship with easyJet’s founder and biggest investor, Sir Stelios Haji-Ioannou, who tried to oust him in 2020.Struggling UK airport to welcome new easyJet base with 6 new flight routes

Mr Jarvis is seen as a continuity candidate and yesterday told The Sun that he had “100 per cent bought into the strategy”. Its fledgling package holiday business has grown customer numbers by 42 per cent in the past year and is expected to deliver profits of £170million this year.Allison Kirkby, who took over from Philip Jansen in March, said funding digital infrastructure “is not something that’s nice to do, it’s critical for the country”.

Ms Kirkby tried to sweeten the City on her debut outing yesterday by ramping up cost-cutting to £3billion and upping the dividend by 4 per cent to 8p-a-share.The chief exec said the firm has passed the peak of investment and is at an “inflection point on our long-term strategy”.

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