Easyjet founder attacks management

BTN News
Monday, 17 May 2010
Sir Stelios Haji-Ioannou, European airline Easyjet's founder and largest shareholder, has resigned from the board.

He also has launched an attack on the airline's commercial strategy, accusing management of destroying shareholder value by recklessly pursuing growth during a downturn.

The company has been profitable.

Easyjet founder attacks management

BTN News
Monday, 17 May 2010
Sir Stelios Haji-Ioannou, European airline Easyjet's founder and largest shareholder, has resigned from the board.

He also has launched an attack on the airline's commercial strategy, accusing management of destroying shareholder value by recklessly pursuing growth during a downturn.

The company has been profitable.