Stelios bid to oust easyJet director
10 August 2011The long-running war between the easyJet board and the airline’s founder and largest shareholder, Sir Stelios Haji-Ioannou, has erupted again.
Sir Stelios has sent a letter to the easyJet board to call for a shareholders’ meeting to vote on the removal of Sir David Michels as a director.
This latest initiative by Sir Stelios is part of his campaign to get the company to limit its purchases of new planes and pay a dividend.
source: This is Money
