Low-cost airline and package tour company Jet2 announces new chairman
- Robin Terrell has been appointed as the company’s new non-executive chairman
Jet2 has announced that Robin Terrell, the company’s current senior independent non-executive director, has been appointed non-executive chairman.
Terrell replaces Philip Meeson following the July 6 announcement in which Meeson announced his retirement.
The low-cost airline and package tour company explained its reasons for unanimously agreeing to appoint Terrell as the company’s new chairman.
Moving in: Robin Terrell is the new non-executive chairman of Jet2
In a statement, Jet2 said: “Of particular concern was the need to ensure a seamless transition in leadership, along with the requirements to support the company’s continued growth ambitions, maintain its established values of people, service and profit and contribute to its long-term success .” in continuing to provide a customer-centric experience.
“Furthermore, the Board recognized that hands-on experience with the company and its culture, as well as strong relationships with the senior management team, are key criteria for any appointment to ensure continuity of culture and strategy.”
Terrell, who is a qualified Chartered Accountant, previously ran online and retail companies including Amazon UK, John Lewis Direct and Tesco UK.
Robin Terrell said: “It is a great privilege to be able to chair a company like Jet2 plc and I am really looking forward to this new challenge.”
“During my three years with the company I have seen first hand the unmatched customer focus, attention to detail and high level of commitment of colleagues across the business and it has been a pleasure to be a member of the Board of Directors.”
In July, Jet2 was buoyed by buoyant demand for package holidays as Brits seek security in spending amid a cost of living crisis, which should help meet annual earnings forecasts.
The holiday group has opted to resume its final dividend, paying 8p per share, after a pandemic hiatus.
Steve Heapy, CEO, said: “Philip’s determination and tireless commitment to Jet2 has enabled countless British consumers to enjoy value for money.
“On behalf of all Jet2 colleagues, I would like to recognize his distinguished career and we look forward to his continued support as an advisor.” I am delighted that Robin has agreed to become our non-executive chairman.
“We have worked well together over the three years that Robin has been on the board and his new role will be crucial as we continue our unwavering commitment to our customers and deliver on our strategy to be the UK’s leading and best leisure travel company .” ‘
Jet2 shares fell 1.04 percent to 1,045 pence in afternoon trade on Tuesday.