Ryanair's boss is in danger of outstaying his welcome
What does a Ryanair flight have in common with a Louis Vuitton handbag? Not much, except the bosses of those companies have been running the show for what seems like forever. Michael O'Leary has been CE of Ryanair Holdings for almost a quarter century, or about 6 times longer than the median tenure for European corporate leader. The airline is different, of course, from the Parisian luxury houses in that it's not a family-run affair. But O'Leary does hold 4% of Ryanair's stock and it's been impossible to view the company separately from the man. Yet he's looking far from impregnable right now. Friday, O'Leary's credibility suffered another big knock when Ryanair was forced to recognise trade unions -- something O'Leary had said wouldn't happen before Hades saw snowfall. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2017-12-19/unaligned/ryanairs-boss-is-in-danger-of-outstaying-his-welcome
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Ryanair's boss is in danger of outstaying his welcome
What does a Ryanair flight have in common with a Louis Vuitton handbag? Not much, except the bosses of those companies have been running the show for what seems like forever. Michael O'Leary has been CE of Ryanair Holdings for almost a quarter century, or about 6 times longer than the median tenure for European corporate leader. The airline is different, of course, from the Parisian luxury houses in that it's not a family-run affair. But O'Leary does hold 4% of Ryanair's stock and it's been impossible to view the company separately from the man. Yet he's looking far from impregnable right now. Friday, O'Leary's credibility suffered another big knock when Ryanair was forced to recognise trade unions -- something O'Leary had said wouldn't happen before Hades saw snowfall. <br/>