MAB boss to leave in September
Published on: Wednesday, April 20, 2016
Kuala Lumpur: Malaysia Airlines Bhd (MAB) Chief Executive Officer (CEO) and Managing Director Christoph Mueller will leave in September 2016, but intends to remain as its Non-Executive Director. Mueller joined the Board of Malaysia Airlines System Bhd as a non-executive director Jan 1, 2015 and became CEO-designate of MAB on March 1, 2015. He succeeded Ahmad Jauhari Yahya as managing director and CEO of MAS on May 1, 2015. In a statement here, MAB said Mueller, who made immense contribution in the restructuring of Malaysia Airlines, had requested to depart before the end of his three-year contract. ADVERTISEMENT In ensuring continuity and an orderly succession, he will serve a six-month notice period to September 2016, the airline said in a statement here. The MAB Board of Directors has acknowledged Mueller's plan to leave ahead of time, which is due to his changing personal circumstances, and has commenced a search for a new CEO internally and externally for potential candidates, it said. "We are very disappointed to lose Mueller as CEO but we fully understand his reasons and respect his need to do this," MAB Chairman Tan Sri Md Nor Yusof said. Mueller has made a significant impact in putting the airline on the desired trajectory towards full recovery, he said, adding that his hard work over the last year has seen Malaysia Airlines set on a path where there has already been encouraging progress. ADVERTISEMENT "There are other significant strategic decisions already in the pipeline which Mueller has made preparations for and will manage through," Md Nor said. Meanwhile, Mueller said he looked forward to continuing the exciting task for another six months in his executive position.
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"Unfortunately, personal circumstances will make it difficult for me to complete my full term," he added. He said the airline had been restructured and repositioned to regain its leading position in customer experience and to continue to connect Malaysia with the world. He was confident that MAB was now on the right track to succeed in its next phase of growth under a new CEO. Stay up-to-date by following Daily Express’s Telegram channel.
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Meanwhile, MAB said the board had also appointed Chief Operations Officer Peter Bellew as executive director with immediate effect. He joined Chief Financial Officer Omar Siddiq, who is already an executive director. – Bernama