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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
