easyJet share price: Airline’s boss tipped for top job at ITV

Carolyn McCall emerges as leading candidate to replace Adam Crozier

easyJet share price: Airline’s boss tipped for top job at ITV

easyJet’s (LON:EZJ) chief executive has emerged as the top candidate to replace Adam Crozier at the helm of ITV (LON:ITV), the Guardian has reported. The low-cost carrier separately updated investors on its traffic performance this morning, posting a rise in passengers for last month.

easyJet’s share price has been subdued in London this morning, having lost 0.22 percent to 1,355.00p as of 08:27 BST, slightly underperforming the broader UK market, with the benchmark FTSE 100 index which is currently 0.09 percent worse off at 7,361.29 points. ITV’s share price meanwhile is 0.33 percent up at 182.10p.

The Guardian reported yesterday that easyJet’s chief executive Carolyn McCall was understood to have been interviewed for the CEO position at ITV, and was considered to be one of the strongest candidates for the role.

One source told the newspaper that ITV had been seeking to ‘persuade’ McCall to take the role, with the company facing headwinds including tough TV advertising conditions challenging all broadcasters as the business climate deteriorates. ITV is likely to be able to match her pay expectations, with Adam Crozier having earned about £27 million during his almost seven years running the company.

McCall joined easyJet in 2010 and has since turned the low-cost carrier into one of Europe’s best-performing airlines. Earlier this morning, the company reported that it had carried 7.7 million passengers last month, marking an 11.3-percent increase on the prior-year period.

The group’s load factor, which measures the number of passengers as a proportion of the number of seats available, meanwhile inched 0.8 percentage points higher to 94.8 percent. On a 12-month rolling basis, the airline carried 78.1 million passengers, up 8.7 percent year-on-year, while the load factor came in 0.5 percentage points higher at 92.1 percent.

As of 08:47 BST, Thursday, 06 July, easyJet plc share price is 1,347.00p.

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