Air France-KLM: a triumvirate to run strike-hit company after boss resigns

Tuesday’s move is designed to fill a gap left by the abrupt departure of chief executive Jean-Marc Janaillac after staff earlier this month rejected a pay proposal aimed at ending a series of strikes that have resulted in heavy losses.

In a statement ahead of an annual shareholder meeting, Air France-KLM said the new three-person executive committee would include group Finance Director Frederic Gagey, who would take on the role of Chief Executive, and the existing heads of the two national brands that merged in 2004: Air France and KLM.

It also named Anne-Marie Couderc, an existing board member with experience in French politics and the magazine publishing industry, as non-executive chairwoman.

“This transitional governance structure is established for the shortest-possible period required to effectively complete the…

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