easyJet announces board changes ahead of AGM

Published 07/01/2025, 08:04
© Reuters

LONDON - easyJet plc (LSE:LON:EZJ), a leading European airline, has announced upcoming changes to its Board of Directors. Moni Mannings OBE will step down from her role as Non-Executive Director and Chair of the Remuneration Committee, opting not to seek re-election at the next Annual General Meeting (AGM) scheduled for February 13, 2025. Sue Clark, the current Senior Independent (LON:IOG) Director, is set to take over as Chair of the Remuneration Committee following the AGM.

In addition to this transition, easyJet is welcoming a new Non-Executive Director, Julie Chakraverty, who will join the Board on January 27, 2025. Chakraverty's appointment includes membership in the Finance and Safety & Operational Readiness Committees. Her extensive background spans 30 years in financial services and technology, with leadership roles at prominent institutions such as JP Morgan Chase (NYSE:JPM) and UBS Investment Bank. Chakraverty has also served on the boards of NCC Group (LON:NCCG) plc, AJ Bell plc, and Starling Bank Limited, and has entrepreneurial experience as the founder of Rungway Limited.

Her previous board experience includes positions at abrdn plc, Santander (BME:SAN) UK plc, Amlin plc, and Spirit Pub Company plc. Sir Stephen Hester, Chair of easyJet, expressed gratitude for Mannings' contributions and welcomed Chakraverty, anticipating the value she will bring with her financial and technological expertise in support of driving long-term shareholder value.

The changes come at a time when easyJet, like other airlines, is navigating the complexities of the travel industry's recovery and digital transformation. The announcement is based on a press release statement from the company.

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