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EasyJet's Michels steps down amid shareholder dispute

EasyJet deputy chairman David Michels stepped down Friday as the airline moved to avoid yet another lengthy dispute with Stelios Haji-Ioannou, the carrier’s founder and largest shareholder.

EasyJet deputy chairman David Michels. Photo: Courtesy, M&S EasyJet deputy chairman David Michels stepped down Friday as the airline moved to avoid yet another lengthy dispute with Stelios Haji-Ioannou, the carrier’s founder and largest shareholder. EasyGroup, Haji- Ioannou’s private investment vehicle, earlier this month called for a shareholder meeting to vote on the removal of Michels, citing 11 reasons for the request, including the company's share price ...

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