Mumbai: The resignation of SpiceJet chief executive officer Neil Mills has put the spotlight on uneasy relationship between airline CEOs and its owners. Mills, who was into the third year of his five year term, left the airline as he did not get the operational freedom to the run the airline.
An another reason for changes in top management could be the desire of the owners to bring in their trusted aides to control the company especially since airline business is loss making one.
Kingfisher's first President and Chief Operating officer Alex Wilcox left within months after the launch of the airline. Nigel Harwood replaced Wilcox and he too left in a year. Till Sanjay Aggarwal joined Kingfisher the airline, UB group chairman and promoter Vijay Mallya managed the airline with three executive vice presidents reporting to him.
An another airline which saw frequent changes in top management is Wadia group run GoAir. Its first CEO, Graham Williamson, resigned even before the launch of the airline in 2005. It then hired Mark Winders former SpiceJet CEO as its executive director in charge of strategy. The current CEO Giorgio De Roni took over from Wadia group veteran Kaushik Khona who in turn had replaced another Italian Edgardo Badiali for the top post.
24/07/13 Aneesh Phadnis/Business Standard
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An another reason for changes in top management could be the desire of the owners to bring in their trusted aides to control the company especially since airline business is loss making one.
Kingfisher's first President and Chief Operating officer Alex Wilcox left within months after the launch of the airline. Nigel Harwood replaced Wilcox and he too left in a year. Till Sanjay Aggarwal joined Kingfisher the airline, UB group chairman and promoter Vijay Mallya managed the airline with three executive vice presidents reporting to him.
An another airline which saw frequent changes in top management is Wadia group run GoAir. Its first CEO, Graham Williamson, resigned even before the launch of the airline in 2005. It then hired Mark Winders former SpiceJet CEO as its executive director in charge of strategy. The current CEO Giorgio De Roni took over from Wadia group veteran Kaushik Khona who in turn had replaced another Italian Edgardo Badiali for the top post.
24/07/13 Aneesh Phadnis/Business Standard
