Emirates CEO, Mr. Tim Clark, will step down as the airline’s CEO in June 2020 and will continue in an advisory position.
Mr. Clark joined the airline when it was founded back in 1985 as a planner and later advanced to a CEO overseeing the explosive growth in the 2000’s.
You can access Emirates here.
Here’s an excerpt from Khaleej Times (access here):
An internal memo sent by Sheikh Ahmed bin Saeed Al Maktoum, chairman and CEO of Emirates Airline and Group, stated that Clark would step down from June 2020.
Sources said that Adel Al Redha, chief operating officer at Emirates; Adnan Kazim, chief commercial officer at Emirates; and Ghaith Al Ghaith, CEO of flydubai, are among the frontrunners to replace Tim Clark.
Sir Tim joined the airline’s founding team in 1985 as head of airline planning, and became president in 2003. He’s been instrumental in the transformation of Emirates into the global giant it is today.
Prior to Emirates, he built his reputation as a talented route planner at Gulf Air, which had recruited him from Caledonian Airways. He had also held the position of managing director of Sri Lankan Airlines until 2008.
It seems that the next CEO will be a UAE national coming from Emirates or flydubai after being lead by Mr. Clark since 2003.
The business model of tunneling transfer passengers through its Dubai hub is partially under threat when airlines can have longer direct flights, and general preference among passengers is non-stop.
It is a good time for Mr. Carl to retire after turning 70, but I would have probably got out a few years earlier to enjoy some free time.