TMCnet - World's Largest Communications and Technology Community



Maverick Ryanair boss O'Leary plans to step down in two years
[February 14, 2007]

Maverick Ryanair boss O'Leary plans to step down in two years

(Evening Standard (London) (KRT) Via Thomson Dialog NewsEdge) Feb. 13--Outspoken Ryanair boss Michael O'Leary is heading for the departure lounge. O'Leary, 45, says he will quit Europe's largest budget airline within two years because it no longer needs his maverick leadership, and he would rather spend time with his family. "You can't be my sort of Robin Hood jumped-up Paddy running around shouting at governments," O'Leary told Irish radio. "I'll be gone partly because Ryanair will have to change." The airline yesterday joined the Nasdaq 100 index of leading US-quoted companies with a market capitalisation of more than 6 billion. O'Leary has previously signalled his desire to stand down after a dozen years at the helm. Ryanair has already been succession planning, installing two deputy chief executives -- Michael Cawley and Howard Millar.

To see more of the Evening Standard, or to subscribe to the newspaper, go to

Copyright (c) 2007, Evening Standard, London
Distributed by McClatchy-Tribune Business News.
For reprints, email, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

[ Back To's Homepage ]

Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy