Ryanair's deputy chief executive to step down in March

Monday 01 July 2013 10.37
Michael Cawley to step down in March to pursue other opportunities
Michael Cawley to step down in March to pursue other opportunities

Ryanair's deputy chief executive and chief commercial officer Michael Cawley has decided to step down at the end of next March.

In a statement, the airline said Mr Cawley wishes to pursue other business interests including a number of non-executive board positions.

Mr Cawley has, however, decided to join the board of Ryanair as a non-executive director from next May onwards.

''I am grateful to Michael for his enormous contribution to the successful growth and development of Ryanair over the past 17 years. I am pleased that he has given us such a long notice period so that he can assist his successor over a substantive handover period,'' commented the airline's chief executive Michael O'Leary.