Sir Stelios back at war with easyJet board
Thursday 14 July 2011
War broke out again yesterday between easyJet's founder, Sir Stelios Haji-Ioannou, and the company's board. In an 11-page letter, Sir Stelios threatened to organise a shareholder rebellion unless the airline abandons plans to buy more planes and returns profits to shareholders.
He gave easyJet until Monday to respond before he calls a shareholder meeting to seek removal of a non-executive director at random.
Sir Stelios, whose family owns 38 per cent of easyJet, had a long-running dispute with the company's previous management over plane purchases, which appeared to calm down when Carolyn McCall took over as chief executive last year.
- 1 Rice Bucket Challenge: India's take on the Ice Bucket Challenge 'for Indian needs'
- 3 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27
- 5 Car tax disc changes: Make sure you know the new rules from 1 October or risk £1,000 fine
Pamela Anderson rejects ice bucket challenge because of ALS experiments on animals: 'Mice had holes drilled into their skulls'
ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27
The 13 obscure UK laws you didn’t know you were breaking
13 laws you didn't know you were breaking
Car tax disc changes: Make sure you know the new rules from 1 October or risk £1,000 fine
Exclusive: We share blame for creating 'jihad generation', says Muslim strategist
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
Jeremy Clarkson is a cultural tumour and needs to be removed, says comedian Frankie Boyle
Air strikes? Talk of God? Barack Obama is following the jihadists’ script after James Foley beheading
- < Previous
- Next >
iJobs Money & Business
£23000 - £26000 per annum: Ashdown Group: Account Executive / Client Services ...
£36000 - £38000 per annum: Ashdown Group: Executive PA to CEO & Executive Dire...
£25000 - £28000 per annum: Ashdown Group: Generalist HR Administrator - Tunbri...
£45000 - £75000 per annum + benefits+bonus+package: Harrington Starr: Senior C...