South African airline Comair appoints joint CEs as part of diversification drive
Comair said Wednesday it has appointed its former finance chief Glenn Orsmond and Wrenelle Stander, an executive director, as joint CE to replace Erik Venter who resigned. The airline said last week that Venter had stepped down, citing personal reasons. The appointment of the 2 CEs comes as the company implements a diversification strategy initiated by Venter during his 23-year term. “Because we’re diversifying away from the airline business it makes sense to have 2 CEs; one CE that focuses on the core airline business and one CE that focuses on the non-airline business,” the company said. Alongside the airline business, which accounts for about 30% of Comair’s profit, the company also operates airport lounges and a catering service, sells travel and holiday packages and runs an air and cabin crew training centre. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-05-31/unaligned/south-african-airline-comair-appoints-joint-ces-as-part-of-diversification-drive
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South African airline Comair appoints joint CEs as part of diversification drive
Comair said Wednesday it has appointed its former finance chief Glenn Orsmond and Wrenelle Stander, an executive director, as joint CE to replace Erik Venter who resigned. The airline said last week that Venter had stepped down, citing personal reasons. The appointment of the 2 CEs comes as the company implements a diversification strategy initiated by Venter during his 23-year term. “Because we’re diversifying away from the airline business it makes sense to have 2 CEs; one CE that focuses on the core airline business and one CE that focuses on the non-airline business,” the company said. Alongside the airline business, which accounts for about 30% of Comair’s profit, the company also operates airport lounges and a catering service, sells travel and holiday packages and runs an air and cabin crew training centre. <br/>
