Friday, July 18 10:34:19
Aer Lingus chief executive, Christoph Mueller, this morning said he is leaving next year after six years at the helm.
In a stock exchange announcement this morning, Aer Lingus said it had "been agreed" between the company and Mr Mueller that he would step down as CEO and director in May 2015.
Mr Mueller was appointed as chief executive of the group in July 2009 and as an executive director in September of that year.
The airline's board said it would now commence a process to select and appoint a new CEO and executive director.
Aer Lingus Chairman Colm Barrington said the airline would be sorry to see Mr Mueller go and was grateful for his service over the past five years.
"Under Christoph's strategic leadership, Aer Lingus has been transformed into a strong, consistently profitable airline with a clear strategic direction, a resilient business model as a value carrier and an improved cost base," he said.
Mr Mueller said he had "thoroughly enjoyed" his time at the airline, but felt it appropriate to announce his departure on the fifth anniversary of his appointment.
He said he was willing to stay with the airline through May 2015 to help it work through the "significant challenges" it was continuing to address.