Two CEOs to co-pilot Comair


Two CEOs to co-pilot Comair


Published Date: 2019-05-30 | Source: Stephen Gunnion | Author: Stephen Gunnion

Two CEOs to co-pilot Comair

The aviation group has appointed joint CEOs to manage its airline and non-airline businesses following the recent resignation of Erik Venter.

Comair has appointed two CEOs to replace Erik Venter, who announced his resignation last week due to personal reasons.

Wrenelle Stander and Glen Orsmond have been appointed as joint CEO with effect from 31 July, with Stander responsible for the traditional airline business and Orsmond looking after the growing non-airline business and financial services. Stander is already an executive director of Comair and Orson was financial director from 1995 to 2013. Venter will remain in his position until the end of July to help with the hand-over process.

The airline said Stander had worked in the private, public and NGO sectors of the economy for the past 25 years and was previously deputy CEO of the SA Civil Aviation Authority, MD of the Air Traffic and Navigation Service Company, MD of Sasol Gas and senior vice president of public affairs at Sasol. She currently heads up Comair's airline business.

Orsmond has over 25 years experience in an executive capacity in the airline industry and has been involved in developing and implementing business strategies around the key elements of airline costs, revenue, flight operations, technical services, cash generation, branding, sales, distribution and customer service. He was CEO and co-founder of low-cost airline 1time.

Comair's non-airline businesses, which include pilot and cabin crew training, business lounges and catering, have been growing their contribution to its earnings. They made up 27% of pre-tax profit in the six months to end-December, up from 19% a year earlier, with sustained prospects for further growth.

Its shares rose 3% to R4.40 yesterday.


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