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Thanked, Pieter Elbers will not serve a third term at the head of KLM


The Dutch airline clarified that this decision had been taken in consultation with the person concerned.

The Dutch airline KLM announced Thursday that its CEO Pieter Elbers will not be reappointed for a third term in May 2023, specifying that this decision was taken in consultation with the person concerned.

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Given the expiration of his second term, which provides the Supervisory Board with a natural moment of reflection, we have, after consultation with Pieter, decided not to begin a third term

," Cees't said in a statement. Hart, Chairman of the KLM Supervisory Board.


After two terms, more than eight years, of leadership as CEO of KLM, I pass the baton with confidence

," said Pieter Elbers, quoted in the press release.

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My thirty-year career with the KLM Blue Family has been a journey of unimaginable beauty that I will always cherish

," he added.

Strategic differences have opposed Benjamin Smith, CEO of the Air France-KLM group, and Pieter Elbers.

The latter defended the autonomy of KLM, national flagship when Benjamin Smith wanted more integration with the French company.

This process was carried out in a constructive spirit.

I thank Pieter for his commitment and I know I can count on him, as well as on all the KLM teams, to ensure the transition to his successor

,” said Benjamin Smith in a press release.

Source: lefigaro

All business articles on 2022-01-13

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