FLYB Flybe Grp

TIDMFLYB

RNS Number : 2949S

Flybe Group PLC

20 December 2016

Flybe Group plc ("Flybe" or "the Company")

Appointment of Christine Ourmieres-Widener as Chief Executive Officer

Flybe announces that it has appointed Christine Ourmieres-Widener as its Chief Executive Officer, with effect from 16 January 2017.

Christine has spent her entire career in the aviation and travel industries, with an initial background in engineering and aeronautics. She started her career in the Maintenance Department of Air France, later working in sales systems, then Director of Sales & Marketing for Amadeus France. Christine served as Vice President International Sales, General Manager UK & Ireland, then Vice President in New York for Air France KLM. Between 2010 and 2015, she was the CEO of Cityjet, and since then has been Chief Global Sales Officer for American Express Global Business Travel.

Christine has a Masters in Aeronautics from the École Nationale Supérieure de Mécanique et d'Aérotechnique (ENSMA) and an MBA from ESSEC Business School.

Simon Laffin will return to being Non-Executive Chairman when Christine joins the business.

There are no further details to be disclosed under LR 9.6.13 of the Listing Rules.

Simon Laffin, Executive Chairman, said;

"We are delighted that Christine is joining Flybe at what a very exciting time for the company, as we transition to become an increasingly customer-driven business. Christine brings extensive experience of aviation and travel, as well as deep knowledge of the UK regional aviation market, which will be extremely valuable to Flybe. I very much look forward to working with her."

Christine Ourmieres-Widener, commented;

"I am very excited to be joining Flybe and being able to bring my industry experience and passion to the business. I look forward to working with the board and the entire team to continue Flybe's progression to becoming a more customer-focussed business, aided by the greater control the airline now has over its future fleet size. As Europe's largest regional airline, Flybe is already in a strong position and I believe can deliver significantly more over the coming years."

ENDS

Enquiries

Flybe +44 (0)20 7379 5151

Simon Laffin, Executive Chairman

Maitland +44 (0)20 7379 5151

Neil Bennett

Andy Donald

Notes

Summary of Christine Ourmieres-Widener's remuneration

Christine's remuneration includes an annual basic salary of GBP400,000. Her annual bonus entitlement is up to 100% of salary and Christine will be entitled to participate in the Flybe Performance Share Plan. Flybe will pay GBP120,000 relocation costs for Christine and her family to move from New York. Christine's employment notice period is 12 months on either side.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLFFIIFSLALIR

(END) Dow Jones Newswires

December 20, 2016 02:00 ET (07:00 GMT)

Flybe (LSE:FLYB)
Historical Stock Chart
From Apr 2024 to May 2024

Flybe (LSE:FLYB)
Historical Stock Chart
From May 2023 to May 2024