International Airlines Group (IAG) has released that Steve Gunning has decided to stand down from the role of Chief Financial Officer and leave the Group after the release of the company’s full-year 2021 results.
Nicholas Cadbury will be joining IAG as Chief Financial Officer. He joins from Whitbread PLC, where he is Group Finance Director, having joined the group in 2012. He is also a non-executive director and Chair of the Audit Committee for Land Securities.
Luis Gallego, IAG´s Chief Executive Officer commented: “I’m delighted that Nicholas will be joining IAG. He is a well-respected, accomplished and experienced CFO with a fantastic track record at Whitbread, Premier Farnell and Dixons Carphone. In the short term, our focus remains on delivering the best end possible to 2021 and ensuring we are set up to return to profitability in 2022 and Steve continues to play a key role in enabling the Group to achieve this.”