Malaysia Airlines CEO resigns after less than a year
Malaysia Airlines CEO Christoph Mueller is stepping down and plans to leave the airline in September.
In a statement, MAS cited personal reasons for Mueller’s resignation.
He joined the company nearly a year ago to oversee its complete restructuring following the loss of two aircraft, MH370 which went missing on a flight to Beijing and MH17 which was shot down over Ukraine, in 2014.
"While we would have wanted Mueller to continue as planned, we also respect and ultimately agree to his decision to leave ahead of the end of his three-year contract, due to a change in his personal circumstances," a statement from sole shareholder Khazanah Nasional said.
"We note that Mr. Mueller has laid the groundwork, put in place a strong management team, and undertaken the necessary measures and initiatives that have produced encouraging signs of progress on Malaysia Airline’s path to recovery."
The company has begun a search for his successor.
Mueller joined Malaysia Airlines after overseeing the turnaround of Irish carrier Aer Lingus.
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