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Johan Lundgren to step down as easyJet CEO in 2025, successor named
British airline easyJet said today that chief executive Johan Lundgren will step down in early 2025 to be replaced by Kenton Jarvis, currently its chief financial officer.
© JEFF PACHOUD/AFP via Getty Images
Economia EasyJet
Jarvis has been with easyJet since 2021 and will continue in the role of chief financial officer until a successor is found, the company said.
Lundgren is leaving after seven years in the role, during which time he has "done an excellent job", easyJet chairman Stephen Hester said.
"He has steered the company through the immense challenges of the Covid period and has set out a clear strategy and strong delivery plan for its ambition to 'become Europe's most loved airline, benefiting customers, shareholders and employees'," he said.
Hester said Lundgren will remain until the end of the financial year, which the company expects "to be another year of strong progress".
The promotion of Kenton Jarvis from chief financial officer to chief executive allows for "an orderly and smooth transition", he said, and was made "following a thorough process, with a strong field of internal and external candidates".
"We are focused on delivering the medium-term plan and associated financial targets set out earlier this year and believe Kenton is the ideal person to lead our executive team," he said.
Read Also: EasyJet with a loss of 408 million in the first half of 2024 (Portuguese version)
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