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EasyJet founder Haji-Ioannou boosts stake, seeks more influence
EasyGroup Holdings, the company of easyJet founder Stelios Haji-Ioannou, appears to be heading toward a confrontation with the airline's current board and management as easyGroup increased its shareholding and voting rights in the LCC to 26.9% from 15.6% and requested the prompt appointment of two directors.
Haji-Ioannou, who launched the airline in 1995, also reserved his right to appoint himself as chairman in the event the two directors, who are easyGroup employees, are not appointed.