Malaysia Airlines CEO to leave job long before contract ends
{{#rendered}} {{/rendered}}Malaysia Airlines says CEO Christoph Mueller will leave his job in September, way ahead of the end of his three-year contract, due to his "changing personal circumstances."
It says Mueller has expressed his interest to stay as a non-executive director. The airline said in a statement Tuesday that it has begun searching for a new CEO from a pool of internal and external candidates.
Mueller, a turnaround veteran, formally began his job in May last year to oversee a $1.56 billion overhaul that included cutting 6,000 jobs and axing unprofitable routes.
{{#rendered}} {{/rendered}}Mueller said "personal reasons will make it difficult for me to complete my full term," without elaborating. He said the airline is back on the right track for growth.