Easyjet's Stelios calls for extraordinary meeting
Tuesday 06 September 2011
Stelios Haji-Ioannou, easyJet's founder, is calling for an extraordinary shareholder meeting to vote on the removal of Rigas Doganis as an independent non-executive director.
In a long-running dispute with the airline, Sir Stelios has criticised Mr Doganis for his part in ordering 35 new aircraft from Airbus – two weeks before easyJet was forced to issue a profits warning that has since knocked about a quarter off its share price.
The board threw its weight behind Mr Doganis, an aviation consultant appointed to the role in 2005, recommending shareholders reject his removal.
Sir Stelios's latest move comes in the month after he called for a shareholder vote on the removal of director David Michels. Mr Michels stepped down rather than go through with the vote.
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