Air France KLM Group (AF KLM) has announced organizational changes in its finance departments “in line with the orientations defined by Air France KLM board of directors in October 2011,” when it ousted Pierre-Henri Gourgeon as CEO of AF KLM Group and CEO of AF in the wake of worsening financial performance (ATW Daily News, Oct. 18, 2011). AF and AF KLM CFO Philippe Calavia becomes CFO of AF KLM Group and will be replaced by Frederic Gagey as CFO of AF. Gagey is KLM MD and ...

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