easyJet poaches TUI executive for chief financial officer role

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easyJet PLC (LON:EZJ) has appointed Kenton Jarvis as its new chief financial officer to replace Andrew Findlay, who announced his departure in May.

Jarvis is currently chief executive of aviation and business improvement director of markets at travel company TUI AG (LON:TUI), where he has been since 2003.

READ: easyJet cuts capacity as customer confidence plummets amid travel restrictions

Before joining TUI he was finance director at Airtours Holidays after holding commercial finance roles at Adidas. Jarvis started his career as a chartered accountant with PwC.

The budget airline said Jarvis has proven his ability to drive savings and successful turnaround programmes at TUI, a “critical” expertise to support its recovery during and after the coronavirus crisis.

“His depth of knowledge of the travel industry and financial skills will be key as we continue to rebuild following the pandemic,” said chief executive Johan Lundgren.

Shares slipped 4% to 571.42p on Friday at the opening bell.

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