STELIOS Haji-Ioannou is to step down as EasyJet’s chairman
when it holds its next annual general meeting.
Haji-Ioannou is making the move so he can concentrate on
other business interests. He is to be replaced by former Vickers Defence
Systems deputy chairman Sir Colin Chandler.
Haji-Ioannou will retain his stake in the company, although
has not ruled out selling some of it to finance his other businesses. No date
has been set for the company’s next AGM.