Etihad Accelerates Reset as Interim CEO Takes Over for Hogan
- Recruiter of Emirati staff to take full responsibility ‘today’
- Departing CEO Hogan loses role ahead of July 1 departure
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Etihad Aviation Group accelerated its strategic reset by naming an interim chief executive officer to take the reins from James Hogan, the architect of the carrier’s costly bets on ailing Alitalia SpA and Air Berlin Plc.
Ray Gammell, the Abu Dhabi-based group’s chief people and performance officer, will assume “full management responsibilities from today,” Etihad said in a statement on Monday. That means Hogan effectively has no official role. His departure is now set for July 1, the earliest possible date after the company previously said he’d leave some time in the second half. Etihad said the move was “consistent” with its management transition plan.