Air France-KLM makes important governance announcements
31 März 2022 - 8:00AM
Air France-KLM makes important governance announcements
Roissy, 31 March 2022
Air
France-KLM makes
important governance
announcements
- Benjamin Smith’s mandate as CEO to
be renewed in anticipation for an additional term of five
years
- Marjan Rintel to become new CEO of
KLM, effective July 1st 2022
Air France-KLM announces that the Group’s Board
of Directors has decided an anticipated renewal of Benjamin Smith’s
mandate as Group’s Chief Executive Officer, for an additional term
of five years, i.e. until the General Meeting called to approve the
financial statements for the year 2026, expected to take place in
May 2027.
Air France-KLM’s Board of Directors also
approved the proposal of the Supervisory Board of KLM to appoint
Marjan Rintel as new CEO of KLM, replacing Pieter Elbers. The Works
Council of KLM has been asked for its advice on the above
proposal.
Marjan Rintel is currently CEO of NS, the
leading passenger railway operator in the Netherlands. Before
joining NS in 2014, she held various managerial, operational and
commercial positions at KLM and Air France-KLM, such as Hub
Operations at KLM and Senior Vice President Strategic Marketing at
Air France-KLM. Her extensive experience in the airline industry,
her intimate knowledge of the Group, and her leadership qualities,
convinced the Board that she is the right person to continue the
work started by Pieter Elbers to transform KLM into one of the
European’s leading airlines and a powerhouse for the Air France-KLM
Group as a whole.
Marjan Rintel will take office on July 1st
2022.
In a market environment that remains extremely
complex, and given the challenges ahead, both decisions position a
strong management team for the years ahead. The Air France-KLM
Board of Directors considers it is key to stabilize the Group's
governance, and for the management teams of Group’s airlines to
focus together their efforts to help the Air France-KLM Group
regain its position as unrivalled leader in the European airline
industry.
Anne-Marie Couderc, Chair of Air France-KLM
Board of Directors, said: “These two decisions by the Board of
Directors stabilize the governance of the Group at a key moment in
its history. Ben Smith has demonstrated his unwavering commitment
and professionalism over the past three and a half years, which
justifies the Board's total support for his continued leadership of
the Group for another five years. Marjan Rintel will soon join his
team as CEO of KLM. Her extensive experience at KLM and of the
Dutch transport industry makes her the best person to lead the
company, drawing on the strengths of the entire Air France-KLM
Group.”
Investor
relations PressFrédéric
Kahane
Michiel
Klinkers +33
1 49 89 52
59 +33
1 49 89 52
60 +33
1 41 56 56
00frkahane@airfrance.fr michiel.klinkers@airfranceklm.com
- Governance AFKL Press Release ENG
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