International Airlines Group to replace its CEO in spring

The CEO of the International Airlines Group (IAG), Willie Walsh, will resign from his post in spring, and will be replaced by Iberia CEO Louis Gallego, Prime reported with reference to IAG data.

“Walsh will resign and leave the IAG board of directors on March 26, 2020 and resign on June 30, 2020,” the report said.

Louis Gallego, who will replace Walsh, has been working in the airline industry since 1997, and since 2014 he has been CEO of Iberia. “The board of directors is confident that Luis is the right person to lead the IAG in the next phase of the holding’s development, and we look forward to working closely with Louis in his new position,” Antonio Vazquez, chairperson of the IAG board of directors, said in a statement.

The International Airlines Group was formed in January 2011 by merging Iberia and British Airways, is one of the world’s largest air carriers. IAG shares are traded on the London and Spanish stock exchanges. The IAG fleet currently includes over 570 aircraft.

Source – https://www.aex.ru/

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