Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

India's IndiGo says its president Ghosh resigning, to name new CEO

Published 04/27/2018, 11:05 AM
Updated 04/27/2018, 11:10 AM
© Reuters. President of InterGlobe Aviation Limited Aditya Ghosh holds a memento during the company's listing ceremony at the National Stock Exchange (NSE) in Mumbai
INGL
-

MUMBAI (Reuters) - India's InterGlobe Aviation Ltd (NS:INGL), which runs the country's top carrier IndiGo, said on Friday its president, Aditya Ghosh, would step down effective July 31, after being with the company for 10 years.

The airline's board will in the coming months consider naming Gregory Taylor, an airline sector veteran, as its president and chief executive officer, pending approvals.

Taylor - who had an earlier stint with IndiGo and also worked in senior management roles at United Airlines and US Airways - will join IndiGo initially as a senior adviser, reporting to the airline's co-founder Rahul Bhatia.

Bhatia is taking the role of interim CEO, the airline said in a statement.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.