Skift Take
Given that Michael O'Leary is sticking around, you've got to wonder how much control the new Ryanair airline CEO will really have.
Ryanair has identified the person it wants to run the main airline after Michael O’Leary moves upstairs to become group CEO.
Eddie Wilson, who has been at the Dublin-based carrier for 22 years and currently serves as chief people officer, will take over as CEO of Ryanair DAC on September 1.
He will report into O’Leary alongside the CEOs of the group’s other airlines: Buzz, Laudamotion, and Malta Air.
Wilson will transition to the new role across a period of three months.
The new structure mirrors that of other European airline groups such as IAG and Air France-KLM.
In an internal memo seen by Skift, O’Leary congratulated Wilson on his appointment but highlighted the many challenges facing the airline, including Brexit and the 737 Max delays.
In Ryanair’s most recent set of results, it posted a 24 percent drop in pre-tax profit to $292 million (€262 million).
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Tags: europe, low-cost carriers, ryanair
Photo credit: A Ryanair aircraft tail. The carrier has a new CEO. Ryanair