JAL’s executive upheavals

The axe is falling fast at Japan Airlines (JAL) as the carrier confirmed last week’s stories (covered by our blog of 20 February) of deep rifts among its senior managers by announcing that chief executive Toshiyuki Shinmachi is resigning.

JAL_mark.jpgAfter a board meeting on this first day of March JAL said that Shinmachi will step down late in June to be replaced by 58-year-old company veteran Haruka Nishimatsu, the airline’s senior vice-president finance and purchasing. Shinmachi, who was only made chief executive last year, is still on board however, as the airline’s chairman.

Other executives to fall victum to the cull are executive vice-president Katsuo Haneda, senior managing director Hidekazu Nishizuka and managing director Takenori Matsumoto.

It’s a mess at JAL at the moment.

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