Qatar Airways Group is set to let go of its chief executive officer, who has been leading the company for almost three decades now. The state-owned carrier's CEO, Akbar Al Baker, is stepping down, and his retirement is officially taking effect on Nov. 5.
Al Baker has been described as one of the most outspoken executives in the airline industry, and his departure was confirmed by the company on Monday, Oct. 23. Based on the memo that was released for company workers, it was revealed that the chief has tendered his resignation. The official circular was said to have come from Qatar Airways' chairman, Saad Sherida Al-Kaabi.
The Outgoing Chief's Remarkable Contributions
In his memo, Al-Kaabi also honored Al Baker for his "27 years of remarkable service." Associated Press News further reported that the CEO's leadership helped Qatar Airways grow to become one of the most recognizable and trusted brands around the world today.
In his time at the company, Al Baker has been considered one of the strongest leaders as well. He is outspoken and he also experienced being harshly criticized in the business.
Appointment of New CEO
As Qatar Airways CEO steps down, he will be replaced by Badr Mohammed Al Meer. He is an airport executive serving as Hamad International Airport's chief operating officer, as per Reuters.
"He will be succeeded by Badr Mohammed Al-Meer who currently serves as the chief operating officer of Hamad International Airport in Doha, the hub of Qatar's national carrier," the company said in a press release. "Qatar Airways Group confirms after 27 years of remarkable service, Qatar Airways Group Chief Executive - His Excellency Mr. Akbar Al Baker, will be stepping down from his current position as Group Chief Executive effective 5 November 2023, and will be succeeded by Engr. Badr Mohammed Al-Meer as Group Chief Executive for Qatar Airways."
Photo by: Fasyah Halim/Unsplash


noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip
OpenAI Explores Massive Funding Round at $750 Billion Valuation
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand
Shell M&A Chief Exits After BP Takeover Proposal Rejected
Robinhood Expands Sports Event Contracts With Player Performance Wagers
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 



