Saturday, June 26, 2010

Whitbread hires outgoing EasyJet CEO Andy Harrison

By Amy Wilson Published: 6:00AM GMT 04 March 2010

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Mr Harrison, 52, will stick on Whitbread, that additionally owns the Costa coffee chain, in Sep and take over from Whitbread"s stream arch senior manager Alan Parker in November.

Mr Parker has been at the helm for 6 years and will retire on his 64th birthday. He will not stay on as a house member.

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Anthony Habgood, Whitbread"s chairman, pronounced the house was unanimous in the preference of Mr Harrison, who voiced his goal to give up the bill airline in December.

Mr Harrison"s preference to leave easyJet followed the depart of Sir Colin Chandler and Jeff Carr, former authority and financial executive respectively, last year after a brawl in in between the house and the airline"s owner and infancy shareholder Sir Stelios Haji-Ioannou.

Mr Harrison perceived a argumentative �1.2m influence reward notwithstanding his departure. He was paid �1.63m at easyJet last year, together with a �1m bonus. At Whitbread, Mr Harrison will be paid a simple income of �700,000 and a reward and incentives "in line" with Mr Parker, who was paid �1.7m in sum last year.

Mr Habgood pronounced there were most similarities in in between the bill airline and the bill road house markets, quite the concentration on costs and on creation certain as most rooms, or seats, as probable are booked. Mr Harrison stretched easyJet"s commercial operation abroad, and Whitbread has plans to take Premier Inn in to new markets, after opening in the Middle East and India. Costa has 1,000 cafes abroad.

Whitbread"s house interviewed "strong" inner possibilities for the arch executive"s job, nonetheless Mr Habgood declined to contend either financial executive Chris Rogers had applied.