Easyjet CEO announces resignation
 

Ray Webster has announced his decision to leave easyJet. Should improve the share value!:D

Full story now available (as ever) from BBC News Online

Jordan

maybe he has been tapped to take over at ryanair when MOL falls on his sword.

Hurrah!! morale must be up 30% already!:D

The one certainty about MoL, is that he will onl yleave by being thrown out. He will never resign. That is not 'good' or 'bad', simply as I see it.

Probably going somewhere that offers decent staff travel...........

Stelios
 

Stelios. If he really is rumoured to be coming back I would expect his usual hands on approach.

Don´t forget he didn´t make easyJet a lean profitable airline by being overly generous but he was more approachable than Ray and that helps a lot.

Few Cloudy
If you read the report, you would have noticed that it was announced that he is joining the board as a NON EXECUTIVE Director. He isn´t "rumoured to be coming back"!
Non-executive to most of us and certainly to the City, means he will not/cannot be "hands on", as you put it, be that good or bad.
My question was, do the two events have a common denominator?

Osarh - no I hadn´t read the report - nevertheless anyone who has been around Stelios, knows he doesn´t sit in on meetings without exerting a lot of influence.

easyJet usually make a pretty frank report in their annual shareholders´statement so maybe any connection between the two events will be seen there.

Question is who will the replacement be ?... The devil we know might be appropriate here. And in the meantime I wonder just how much worse it will get with Woeful Winter and Sucker Scuz's running the show.

I understand the new CEO is to be Mike Street, ex BA:O :O :O :O

I have not heared any names mentioned but I wonder what Barbara is doing these days?

Barely any movement in EZY share price so ´The City´ does not seem to be too sad about RW´s departure either! ;)

Surprised the share price hasn't shot up.

The only negative aspect of Webster's rule of easyJet is that he ever joined the company in the first place. Good riddance and hopefully he will never be heard of again.

Good riddance?
 

Let´s first wait and see who the new CEO will be!

I reckon - Rod Eddington is just about free.

Leo Hairy Camel will likely need a new job soon!

Stelios returning... Part-Time only...

Amazingly, people are buying shares in easyJet at the moment. Must be good news for the City with a share price boost imminent!