Willie Walsh leaves IAG amid pay protest


AFP
| 2020/09/09 | 261 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

Willie Walsh bowed out Tuesday as chief executive of airline giant IAG amid a protest over executive pay and as the industry struggles with disruption from the coronavirus pandemic.IAG, which owns British Airways, Iberia and Aer Lingus, revealed that only 71.6 percent of investors approved the executive remuneration report at the company's annual shareholder meeting.Walsh's package comprises a bonus of £883,000 (975,000 euros, $1.15 million) and totaled £3.2 million for 2019.The package -- u...(…)

This article is available on « Le Journal de l'Aviation »

Read the article

 

Same theme


Spain offers Air Europa a solid lifeline

IAG flies into a 1.3 billion euros loss in the third quarter

British Airways announces shock CEO departure

Aviation and aerospace newsletter

Receive all the aeronautical news directly in your inbox

See also


Heathrow takes third runway challenge to Supreme Court

British Airways parent dives into huge quarterly loss

South African airline Comair placed under business rescue plan