Aviation

Air New Zealand reveals start date for new CEO

Air New Zealand has announced that Greg Foran will officially commence his duties as chief executive on 3 February 2020.

Foran is currently in the final stages of concluding his role as president and CEO of Walmart in the US, before spending time with family and friends and settling his family in Auckland, according to a statement issued by the airline this morning.

Air New Zealand announced Foran’s appointment to the top job in October. He  replaces Christopher Luxon, who announced his resignation back in June after seven years in the role.

Air New Zealand’s chief financial officer, Jeff McDowell, has been standing in as interim CEO since 26 September.

Foran will have a big job ahead of him, with the airline’s profit plummeting 31 per cent last financial year.



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