UK budget carrier EasyJet is seeking a new chairman as Sir Colin Chandler prepares to confirm his retirement later this week.
Chandler, who joined EasyJet in April 2002 and will turn 70 this October, is preparing to detail his succession plans at EasyJet's annual general meeting on 5 February.
An EasyJet spokesman says: "Colin Chandler will confirm that we are searching for a replacement. He will go only as and when an appropriate successor has been found."
In addition to his role as non-executive chairman of EasyJet, Chandler is chairman of Rolls-Royce subsidiary Vickers Defence Systems, deputy chairman of Smiths Group and pro-Chancellor of Cranfield University.
He was formerly chairman and CEO of Racal Electronics and, over the period 1990-99, was managing director, CEO and chairman of Vickers. Prior to this he held various posts at British Aerospace.