The board of administrators of Worldwide Airways Group has accepted the succession plan for its chairman, Antonio Vázquez.
Having reached 9 years in workplace final January, the utmost beneficial within the UK company governance code, Vázquez will step down in January.
In his place, the board has unanimously accepted the appointment of impartial director Javier Ferrán.
Vázquez will proceed to chair the board of administrators for the rest of 2020 topic to his proposed re-election as director being accepted by the following annual basic shareholders assembly.
It will allow him to assist the succession of the following chief govt, with Willie Walsh anticipated to depart within the coming months.
Walsh mentioned: “I sincerely admire Antonio’s work within the creation and improvement of the group.
“The administration crew and I’ve all the time counted on his dedication, dedication and assist.
“Antonio has proven nice management in his administration of the board and has succeeded in getting one of the best out of everybody in good occasions and unhealthy.
“Collectively we’ve created a bunch that has turn out to be a benchmark within the aviation business.”
Worldwide Airways Group is likely one of the largest airline teams on the earth with 548 plane.