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  HOME | Business & Economy (Click here for more)

Air France-KLM Names Provisional Team to Replace Outgoing CEO

PARIS – Air France-KLM is appointing Anne-Marie Couderc as non-executive chairman of its board of directors, and naming a three-person management committee to steer its leadership transition following the resignation of chairman and CEO Jean-Marc Janaillac.

The management committee will be composed of Chief Financial Officer Frederic Gagey, who will serve as the group’s interim CEO, and by the respective chief executives of Air France and KLM, Franck Tener and Pieter Elbers, the company said on Tuesday.

Tener and Elbers will serve as deputies to Gagey, and committee decisions will be taken collectively, the company said.

“This transitional governance structure is established for the shortest possible period required to effectively complete the succession process for the roles vacated by Jean-Marc Janaillac,” said Air France-KLM in a statement.

Janaillac’s resignation is effective later Tuesday after the company’s annual general meeting.

He is leaving the company as a result of an ongoing labor conflict over wages that has led to numerous strikes over the past months, with no solution in sight.

 

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