spot_img

End of an Era: Kenya Airways Announces Michael Joseph’s Retirement Ahead of 49th AGM

Date:

NAIROBI Kenya,May 23– Kenya Airways has announced the retirement of long-serving chairman Michael Joseph, marking the end of a significant chapter in the airline’s leadership.

The announcement comes ahead of the company’s 49th Annual General Meeting (AGM), scheduled for June 13.

Joseph, a key figure in the airline’s governance and strategic growth, will not be eligible for re-election, having reached the maximum tenure allowed under the Board Charter.

“Michael Joseph’s retirement marks the end of an era for Kenya Airways. His leadership and dedication have left an indelible mark on the airline’s journey,” said KQ in a statement.
Michael Joseph has served as Chairman of Kenya Airways since October 2016.

Joseph has been at helm of the airline for thr ladt 8 years.

During his leadership, Kenya Airways has undergone significant transformations, including a notable financial turnaround.

In 2024, the airline reported a pretax profit of Sh5.53 billion, its first profit since 2013, attributed largely to foreign-exchange gains and operational efficiencies.

Michael Joseph’s tenure has been characterized by strategic leadership aimed at revitalizing the airline’s performance and restoring stakeholder confidence.

Phidel Kizito
Phidel Kizito
Phidel Kizito Odhiambo is a seasoned journalist and communications professional with over five years’ experience in storytelling across Kenya’s top newsrooms, including Capital FM, Standard Media, and Jedca Media. Skilled in digital journalism, strategic communications, and multimedia production, he excels at crafting impactful narratives on an array of beats, including business, tech, and sustainability.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Trending

More like this
Related

Ruto: WHO Support Boosts Kenya’s Push for Universal Health Coverage

NAIROBI, Kenya — President William Ruto has reaffirmed Kenya’s...

High Court Grants Mathe wa Ngara Bond in Narcotics Case

NAIROBI, Kenya — The High Court has overturned an...

Uchumi CEO Lawrence Ngao Charged in Sh135,000 Theft Case

NAIROBI, Kenya — Uchumi Supermarket Chief Executive Officer Lawrence...

Ireland Moves to Ban Disposable Vapes in Major Public Health Push

DUBLIN, Ireland - The Irish government has approved sweeping...