Today's Labour News

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ComairBusinessLive reports that Comair, the operator of and British Airways in SA, has appointed Wrenelle Stander as group CEO, with immediate effect.  

Stander was previously a joint CEO with Glenn Orsmond, who has been appointed CEO of Comair’s Airline Division.  The move, which the company said was part of ongoing restructuring at the aviation company, marks a departure from the joint-CEO model which was criticised by shareholders at the company’s annual general meeting (AGM) on 29 October.  At the AGM, shareholder Danny Tuckwood questioned the wisdom of having two CEOs, saying there were no clearly defined responsibilities for Stander and Orsmond.  Tuckwood also queried how the CEOs would be incentivised.  Comair appointed Stander and Orsmond on 31 July to replace former long-serving CEO Erik Venter.  “The joint-CEO structure introduced a few months back has been discontinued and these appointments should ensure better performance and efficiency in a very competitive airline industry,” Comair chair Lindsay Ralphs indicated.

  • Read the full original of the report in the above regard by Siseko Njobeni at BusinessLive

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