Air France appoints new CEO
AFP · 17 Nov 2011, 09:59
Published: 17 Nov 2011 09:59 GMT+01:00
"The appointment takes effect immediately," the statement said.
The 49-year-old Juniac served as chief of staff of IMF chief Christiane Lagarde when she served as France's finance minister.
He replaces Jean-Cyril Spinetta, who became interim CEO on October 17th when Pierre-Henri Gourgeon resigned. The 65-year-old Gourgeon had been appointed CEO on January 1st 2009.
In July, company shareholders voted to reappoint Gourgeon for another four-year term, but later that month the group reported a first quarter net loss of €197 million ($283 million) and warned that the outlook was uncertain for the rest of the year.