easyJet Announces that Sir Mike Rake to Step Down as Chairman of easyJet plc in Summer 2013
The Board of easyJet (OTC: ESYJY) announces that Sir Mike Rake has informed the Board of his intention to step down as a non-executive director and as Chairman of easyJet plc in Summer 2013.
Sir Mike will still seek re-election at the Annual General Meeting on 21 February and has agreed to remain in his post in order to ensure a smooth hand over and provide the Board time to identify a suitable replacement.
The Board's Nomination Committee has commenced a process to select and appoint a successor, reviewing both internal and external candidates.
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