Air New Zealand Chief Executive Christopher Luxon Resigns

What's On Invers Business News Presented by

Air New Zealand chief executive Christopher Luxon has resigned.
CEO Air NZ Mr Luxon, who has been in the role for seven years, will be stepping down on 25 September but would stay on to advise the new chief executive and board chair.

In a statement, the company said it was beginning an international search for Mr Luxon’s replacement.

Chairman Tony Carter said Mr Luxon has made an outstanding contribution to the airline.

He said under Mr Luxon’s tenure the firm had experienced a period of enhanced profitability, strong dividends to shareholders and record customer satisfaction scores.

Mr Luxon said he was incredibly proud of what Air New Zealand has achieved under his tenure.

He said he understood he would get a lot of questions about what he was going to do next.

“I’m going to take the summertime to refresh and recharge, and then reflect on what I will do next,” he said.

“I would like to think more about how I can best use my skills, abilities and experience to make a further contribution to the success of New Zealand whether that be through corporate life, politics or a not for profit.”

Source: rnz.co.nz republished by arrangement

You may be interested

Derby Teams Kicks Of Speedway Season
Motoring, News
25 views
Motoring, News
25 views

Derby Teams Kicks Of Speedway Season

Motor Hub - Oct 18, 2019

X Factor Cars Riverside Speedway will burst back into life again this Saturday night as the 2019/20 Speedway season gets…

New HWR Chair Appointed
Business, News
759 views
Business, News
759 views

New HWR Chair Appointed

Business Hub - Oct 18, 2019

The HWR Board would like to announce that after 12 years of loyal service, Rex Williams is stepping down from…

Don’t Miss the Diwali Festival of Lights
Community, News
204 views
Community, News
204 views

Don’t Miss the Diwali Festival of Lights

News Desk - Oct 18, 2019

This year’s Southland Diwali Festival of Lights is set to be bigger and better than ever before, with hundreds of…