Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Aer Lingus Appoints Former TNT CFO Bot to Become Financial Chief

Don't Miss Out —
Follow us on:

July 10 (Bloomberg) -- Aer Lingus Group Plc, the Irish airline part-owned by Ryanair Holdings Plc, said former TNT Express NV executive Bernard Bot will take over as chief financial officer later this year.

Bot, a Dutch national, will replace Andrew Macfarlane on Sept. 1, the Dublin-based carrier said in a statement today. Aer Lingus also appointed Federico Balzola as its chief people and change officer.

Aer Lingus cut its full-year forecast in June after a strike and threat of further labor unrest hurt bookings. A work-assignment dispute with employees led to a walkout on May 30, potentially disrupting Chief Executive Officer Christoph Mueller’s plan to gain a bigger share of the trans-Atlantic market. Unions agreed late yesterday to defer a further two days of strikes to consider an interim recommendation from the labor court.

Bot joined delivery service TNT in 2005 from consulting company McKinsey & Co., where he spent 13 years. He became interim CFO of Hoofddorp, Netherlands-based TNT in August 2010, taking the job on a permanent basis in 2011. He told the company in April that he wouldn’t seek an extension to his contract.

To contact the reporter on this story: Kari Lundgren in London at klundgren2@bloomberg.net

To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net Tom Lavell, David Risser

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.