KUALA LUMPUR — April 19, 2016: The chief executive officer and managing director of Malaysia Airlines (MAB) Christoph Mueller has quit the airline but will remain at the helm until September.
He however intends to remain as a non-executive director.
Mueller joined the board of Malaysia Airlines System as non-executive director on January 1, 2015, and became CEO-designate on the following March 1. He succeeded Ahmad Jauhari Yahya as managing director and CEO on May 1, 2015.
In a statement today, MAB said Mueller, who has contributed immensely to the airline’s restructuring, had requested to depart before the end of his three-year contract. To ensure continuity and an orderly succession, he will serve a six-month notice to September.
The company’s board of directors has acknowledged Mueller’s plan to leave ahead of time, which is due to his changing personal circumstances, and has commenced a search for a replacement.
“We are very disappointed to lose Mueller as CEO but we fully understand his reasons and respect his need to do this,” MAB Chairman Tan Sri Md Nor Yusof said.
“There are other significant strategic decisions already in the pipeline which Mueller has made preparations for and will manage through,” Md. Nor said.
Mueller said he looked forward to continuing the exciting task for another six months.
“Unfortunately, personal circumstances will make it difficult for me to complete my full term.”
He said the airline has been restructured and repositioned to regain its leading position in customer experience and to continue to connect Malaysia with the world.
Mueller expressed confident that MAB is now on the right track to succeed in its next phase of growth under a new CEO.
The board has appointed chief operations officer Peter Bellew as executive director with immediate effect. — Bernama