easyJet’s CEO, Johan Lundgren, has announced he is stepping down from his role as CEO and will leave the airline in early 2025.
Lundgren joined the low-fare airline in December 2017. He will be succeeded by easyJet’s CFO, Kenton Jarvis, who joined the company in 2021. Jarvis will still continue in the role of CFO during this transitory period, until a successor for his role is found.
Lundgren will step down from the Board and as Chief Executive on 1 January 2025 and will stay at easyJet until 16 May 2025.
Photo: easyJet
On announcing his departure from easyJet, Lundgren congratulated Jarvis as his successor and said: “There are important things still to accomplish over the balance of the year, but when the time comes, I will leave easyJet with a great sense of loyalty and of pride at the progress made and the potential the Company has for the future.”
Kenton Jarvis added that he was: “delighted to have been appointed the next CEO of easyJet and thank the Board and my colleagues for their trust and confidence. I am a huge believer in the future for our airline, which is powered by the talents and enthusiasm of our front-line staff. I will be immensely proud to lead our teams to fulfil easyJet’s bright potential.”
As CFO, Jarvis was instrumental in negotiating the airline’s most recent aircraft order. As part of its ongoing fleet renewal plans, easyJet placed a firm order for 157 A320 family aircraft in December 2023, which are expected to be delivered between 2029 and 2034.
The end of FY23 saw a record year for the low-fare airline, recording GB£455 million (before tax), far exceeding last year’s loss of £208 million and its first since the start of the pandemic.
