US EditionAir France-KLM Renews Marjan Rintel’s Mandate as President & CEO of KLM
Marjan Rintel’s renewed four-year mandate ensures leadership continuity to accelerate KLM’s transformation and restore performance amid a challenging Dutch aviation environment, board said.
10 Articles
10 Articles
The Board of Directors of Air France-KLM has approved the appointment of Marjan Rintel as CEO of KLM for a second four-year term, which was announced by the Dutch airline. The formal confirmation is given at the KLM Annual General Meeting.
KLM reappoints CEO to speed up cost cuts as operations chief steps aside
On Monday, Air France-KLM reappointed KLM Chief Executive Marjan Rintel for a second four-year term as the airline prepares to accelerate cost cuts and restructure its operations. At the same time, Chief Operating Officer Maarten Stienen said he will not seek reappointment, citing the upcoming changes at the airline.
Air France-KLM has renewed Marjan Rintel's term of office as President and CEO of KLM Royal Dutch Airlines for four years, ensuring a rare stability at the head of the Dutch company in a context of high tax and regulatory pressure in the Netherlands. This continuity will speed up KLM's operational transformation and ensure that its financial performance will be brought back into line with the group's medium-term objectives. The Board of Director…
Assessing Air France-KLM (ENXTPA:AF) Valuation After KLM Leadership Continuity Decision
Why leadership continuity at KLM matters for Air France-KLM Air France-KLM (ENXTPA:AF) is back in focus after the Board renewed Marjan Rintel’s four year mandate as President & CEO of KLM, reinforcing continuity at a core subsidiary during ongoing operational challenges. The Board’s support for Rintel, alongside Group CEO Benjamin Smith, puts management execution at the center of the investment story, with KLM’s transformation and operational re…
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