Tuesday 24 December 2019

Emirates' long-serving boss to hand over the controls next year - Reuters

Emirates' long-serving boss to hand over the controls next year - Reuters:

Tim Clark will retire as the president of Emirates Airline [EMIRA.UL] at the end of June 2020 after more than three decades at the state-controlled business that has helped to transform Dubai into one of the world’s major travel crossroads.

FILE PHOTO: Emirates Airline President Tim Clark speaks at the Arabian Travel Market in Dubai, UAE April 29, 2019. REUTERS/Satish Kumar

Emirates Chairman Sheikh Ahmed bin Saeed al-Maktoum said on Tuesday in an internal memo to staff, reviewed by Reuters, that Clark would stay on as an adviser to the company.

“Through wars, economic recessions, disasters natural or manmade, and various industry upheavals, Tim has ably steered and grown Emirates to its standing today as the world’s largest international airline, and an eminent player in the global airline industry,” Sheikh Ahmed said in the memo.

An Emirates spokeswoman confirmed the retirement to Reuters.

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