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MADRID - International Consolidated Airlines Group (LON:ICAG) (LSE:IAG) has appointed Simone Menne and Päivi Rekonen as non-executive independent directors for a one-year term, following approval at the company’s Annual Shareholders’ Meeting on Thursday.
The board changes come as Peggy Bruzelius and Emilio Saracho did not stand for re-election after completing their mandated one-year terms. All other board members were re-elected during the meeting.
According to the company’s statement, Menne will join the Audit and Compliance Committee and the Remunerations Committee, while Rekonen will serve on the Nominations Committee and the Environment and Corporate Responsibility Committee.
Following these appointments, IAG’s Board of Directors continues to be chaired by Javier Ferrán, with Heather Ann McSharry serving as Senior Independent (LON:IOG) Director and Luis Gallego Martín as Chief Executive Officer.
The board now consists of eleven members, including Eva Castillo Sanz, Margaret Ewing, Maurice Lam, Bruno Matheu, Robin Phillips, and Nicola Shaw, in addition to the newly appointed directors.
The Audit and Compliance Committee will be chaired by Eva Castillo Sanz, while Heather Ann McSharry will lead the Remuneration Committee. Javier Ferrán will chair the Nominations Committee, and Nicola Shaw will head the Environment and Corporate Responsibility Committee.
These changes were announced in a regulatory filing to the London Stock Exchange (LON:LSEG).
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