Low-cost airline and package tour company Jet2 announces new chairman

Jet2 has revealed that Robin Terrell, the company’s current senior independent non-executive director, has been appointed as non-executive chairman.

Terrell replaces Philip Meeson following the July 6 announcement in which Meeson announced his resignation.

The budget airline and package travel industry outlined the reasons why they unanimously approved Terrell’s appointment as the company’s new chairman.

Jet2 said in a statement: “Of particular importance was the need to ensure a seamless leadership transition, together with the requirements to support the company’s continued growth ambitions, uphold the established values ​​of people, service and profit and at contribute to long-term success. in continuing to provide a customer-centric experience.

“In addition, the Board recognized that hands-on experience with the company and its culture, plus strong relationships with the senior management team, were important criteria for any appointment to ensure continuity of culture and strategy.”

Terrell, who is a chartered accountant, has previously managed online and retail companies including Amazon UK, John Lewis Direct and Tesco UK.

Robin Terrell said: ‘It is a tremendous privilege to be asked to become the chairman of a company of the caliber of Jet2 plc and I am very much looking forward to this new challenge.

“During my three years with the company, I have witnessed firsthand the unparalleled customer focus, attention to detail and level of commitment from colleagues across the company and it has been a pleasure to serve on the Board of Directors. are.’

In July, Jet2 was lifted by brisk demand for package holidays as Britons sought certainty over their spending in a cost-of-living crisis, helping the company meet annual earnings expectations.

The holiday group has opted to restart the final dividend after a pandemic hiatus, paying 8 pence per share.

Steve Heapy, CEO, said: ‘As a result of his determination and unwavering commitment to Jet2, Philip has enabled countless UK consumers to get their money’s worth.

“On behalf of all of our Jet2 colleagues, I would like to pay tribute to his remarkable career and we look forward to his continued support as an advisor. I am very pleased that Robin has agreed to become our non-executive chairman.

“We have worked well together in Robin’s three years on the Board of Directors, and his new role will be critical in continuing our unwavering commitment to our customers and delivering on our strategy to become the leading and best UK’s leisure travel company. ‘

Jet2 Shares fell 1.04 percent in afternoon trading on Tuesday to 1,045p.