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Stelios creates uneasiness on board

Stelios Haji-Ioannou, has been making things very uneasy for executives at the airline he founded by calling for a shareholders' meeting to vote on the removal of Easyjet deputy chairman Sir David Michels.
  
Michels, who is the airline's senior independent director, is to step down anyway at the end of 2011, but EasyGroup is calling for him to be removed sooner.
Easyjet responded that it was disappointed that EasyGroup had taken this step, which it "views as an unnecessary distraction".

This is the latest dispute in a long running battle, between the airline and Stelios who now heads investment vehicle Easygroup which licences 'Easy' branded businesses such as pizza delivery and car hire.

Stelios pizza.jpg

On 10 Febraury Haji-Ioannou wrote a letter to the company to express his "dissatisfaction with issues that have become evident over the past year relating to the previous chief executive's remuneration at EasyJet". In the letter, he took issue with a £1 million ($1.6 million) payment made to Harrison for the period between 1 April and 30 September 2010.

Haji-Ioannou has also conflicted with EasyJet several times over its fleet strategy, with a recent broadside centring on the exercising of 15 Airbus A320 options in early January.

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