EasyJet yesterday announced that Ray Webster will step down as CEO of the low-cost carrier and Stelios Haji-Ioannou, its founder and largest shareholder, is rejoining the airline's board. "Ray's leadership of the easyJet team for almost 10 years has underpinned this sustained achievement. However, his strong personal commitment to the company has been at considerable personal cost. Given that he planned to retire in 2006, he felt the succession process should be accelerated," Chairman ...

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