In a dramatic move for struggling Malaysian Airlines, its chief executive Christoph Mueller has resigned after less than a year of heading the carrier’s efforts to reorganise and steer back to profit.
Mueller is known as a turnaround wizard, following his efforts at Aer Lingus. He will continue in his Malaysia Airlines role until September 2016 and will stay on the board as a non-executive director.
Mueller said he was leaving due to “changing personal circumstance”, the BBC reported.
He took up his role in May 2015 to oversee a USD 1.56 billion turnaround plan, which included major job cuts and drastically pruning unprofitable destinations.
“We are very disappointed to lose Christoph as CEO but we fully understand his reasons and respect his need to do this,” Malaysian Airlines Chairman Md Nor Yusof stated.
The carrier has started seeking a new chief executive and says it will consider both internal and external candidates.
Written by Peter Needham