The CEO of Ethiopian Airlines resigned immediately. Let's go over all the details after we learned who will be replacing him.
The CEO of Ethiopian Airlines has resigned. The CEO of Ethiopian Airlines has been there since 1985. He worked his way up, all the way to becoming the CEO. I've heard good things about him as a person, as well as how humble he is, and how he treats people with respect.
He deserves a lot of credit for turning Ethiopia's biggest and most successful airline into Africa's biggest and most successful airline. Most long haul airlines in Africa have struggled with profitability and reliability, but Ethiopian Airlines has shown how you can build a sustainable, reliable airline. His replacement has big shoes to fill.
The official reason for GebreMariam's resignation is for health reasons. He has been seeking medical treatment in the United States for the past six months, though details about his condition beyond that aren't known. My thoughts are with him, and that he can focus on his health and live a good life.
There is another interesting angle here. Ethiopia has imposed emergency laws targeting ethnic Tigrayans. The situation seems to be pretty desperate for many, as the staff of Ethiopia Airlines have been trying to escape the country by hiding on planes.
My understanding is that he is an ethnic Tigrayan and has lived in Ethiopia most of his life. I'm not suggesting that this is the reason he's leaving, but the timing of everything, especially with him being gone for around six months at the same time, is interesting.
Mesfin Tasew will be the new CEO of the airline, with immediate effect, according to the Board of Management. He has been in the airline industry for 38 years. He was appointed to the position of CEO of ASKY Airlines in 2021. The airline is profitable and is a shareholder of Ethiopian Airlines.
Mesfin was Chief Operating Officer at Ethiopian Airlines for over a decade. He was in charge of the carrier's profitable growth strategy. He held a number of roles before that, including Vice President of Maintenance and Engineering.
I haven't heard much about him prior to this announcement, but I hope he continues to lead the airline in the right direction.
The CEO of the airline resigned due to health reasons. He is being replaced by Mesfin Tasew, who has been the CEO of Asky Airlines for the past year. Good luck to Tasew in his new role as he deals with health issues, and all the best to GebreMariam as he deals with health issues.
What do you think about the management change at Ethiopia Airlines?
The tip of the hat was given to Sean M.