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Sir Stelios Haji-Ioannou hopes shareholder vote will result in removals
The chairman and chief executive of EasyJet, together with two other directors, face being axed on Friday as EasyJet’s founder, Sir Stelios Haji-Ioannou, seeks to oust them in a row over strategy.
Haji-Ioannou is counting on major investors to abstain on a vote to remove the four directors in a special shareholder vote as he seeks to cancel a £4.5bn order for more than 100 new aircraft which he believes puts the future of the airline in doubt. Continue reading...