Air France-KLM To Split Top Roles, Names New CEO
Air France-KLM CEO Jean-Cyril Spinetta in January will pass the chief executive role to Pierre-Henri Gourgeon, who currently serves as the deputy CEO of the group, the company announced today.
Spinetta, who has been Air France CEO since 1997 and took the chief executive title of the merged Air France-KLM Group in 2004, will retain his role as non-executive chairman of the group's board of directors.
Gourgeon has served as president and COO of Air France beginning in 1998 and became deputy CEO of the merged group in 2004. Gourgeon also serves as vice chairman of Amadeus Global Travel Distribution, which is owned in part by Air France-KLM.
"After eleven years as chief executive of Air France, and then Air France-KLM, I felt it necessary to propose an internal solution that would guarantee continuity of governance, in view of the difficult economic climate facing us," Spinetta said in a statement today. "This way we will protect the group's interests, while abiding by the principles which have underpinned its constitution and will remain relevant going forward."