EasyJet names deputy chair as Chandler prepares to leave

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UK budget airline EasyJet has named Sir Michael Rake as deputy chairman of the airline, as current chair Sir Colin Chandler prepares to step down on 1 July.

Rake is chair of telecom company BT and a former chair of financial firm KPMG International.

EasyJet has not confirmed that he will take over from Chandler as chairman of the airline, but states that Rake will join the company in early summer, ahead of Chandler's departure.

Senior independent director Sir David Michels will become interim chairman once Chandler leaves, until a permanent successor is named.

Chandler has been the chairman of EasyJet for the past seven years, after taking over from the carrier's founder, Stelios Haji-Ioannou.

Haji-Ioannou, who came into conflict with EasyJet's board last year over the carrier's strategy, says Chandler has given "excellent years of service" to the carrier.

He adds that he has "participated with other colleagues" in the new appointments and "looks forward" to working with Rake and Michels.