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Stock impact report

Air France-KLM renews Marjan Rintel's mandate as President & CEO of KLM [Yahoo! Finance]

AIR FRANCE-KLM ADS (AFLYY) 
Company Research Source: Yahoo! Finance
Air France-KLM's Board of Directors today approved the renewal of Marjan Rintel's mandate as President & Chief Executive Officer of its subsidiary KLM Royal Dutch Airlines for a second term of 4 years. Marjan Rintel's priority will be to accelerate KLM's transformation and to restore its operational performance. These combined actions - which include organizational changes in the management of operations, are destined to restore KLM's financial performance and to put it on the right track to meet the Group's medium-term targets. Marjan Rintel took office in July 2022, with her initial mandate set to expire at the 2026 AGM. She is a member of the Group's Executive Committee and reports to Group CEO Benjamin Smith. Florence Parly, Chair of Air France-KLM's Board of Directors said: “ Under the helm of Marjan Rintel, KLM has taken strong action to improve its performance, with promising results. Much remains to be done, and having stability in challenging times like these is esse Show less Read more
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