Monday February 17, 2020

Stelios loses EasyJet battle but vows to fight on

EasyJet’s plans for executive pay and board appointments were approved by a majority of investors today, fending off founder Stelios Haji Ioannou’s opposition to the proposals.

23rd February, 2012
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EasyJet founder Stelios Haji Ioannou.

EasyJet’s plans for executive pay and board appointments were approved by a majority of voters at the British airline’s annual investor meeting today, fending off founder Stelios Haji Ioannou’s opposition to the proposals.

The remuneration package was backed by 57 per cent of votes, with the re-election of chairman Michael Rake and two directors and the appointment of a new board member also winning majority support, according to a...

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