fastJet chairman resigns

Victoria
By Victoria June 11, 2013 13:54

fastJet chairman resigns

Fastjet’s executive chairman David Lenigas has stepped down with immediate effect on June 10, and will be replaced by CEO Ed Winter on an interim basis.
Lenigas is leaving the post to concentrate on his other business ventures.
“This is a time of transition for Fastjet both operationally and in terms of shareholder structure as its major shareholder, Lonrho, is likely to have a new owner in the coming weeks as a result of the current offer for Lonrho,” said Lenigas. “It therefore seems to be a good time for me to step down to pursue my other interests and hand over the reins as Fastjet moves to the next stage of growth.”
FS Africa, representing a group of Swiss investors, agreed last month to take over Lonrho for £175 million.
Lenigas served as Executive Chairman of London listed Lonrho Plc from 2006 to September 2012 and has been chairman of Lonrho Plc’s aviation division (which includes Fly540) since its inception in 2006.

Victoria
By Victoria June 11, 2013 13:54
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