Sir Stelios calls for yet another board change at easyJet
SIR STELIOS Haji-Ioannou reignited an ongoing row with easyJet yesterday after calling for yet another director to be ousted from the board, sparking an angry response from the airline.
Sir Stelios has written a letter to easyJet calling for a shareholder meeting to vote on the removal of Professor Rigas Doganis after the director backed the purchase of 35 aircraft from Airbus in January, a deal which he has been fiercely opposed to.
EasyJet has hit back at its former owner and largest shareholder, describing the latest proposal as an “unnecessary and costly distraction which is damaging to the company’s reputation.”
The board added that it would in turn write to investors urging them to reject the proposal.
Sir Stelios’ latest missive comes as a fresh blow, just two weeks after deputy chairman Sir David Michels quit following the Greek tycoon’s demand for his immediate dismissal four months before he was due to stand down.