General Industry

British Airways CFO To Take Over As IAG Finance Chief

By Dave Simpson
British Airways CFO To Take Over As IAG Finance Chief

International Airlines Group (IAG) has announced that British Airways finance chief Steve Gunning will replace company veteran and chief financial officer Enrique Dupuy de Lôme, who is stepping down after more than eight years in the role.

Gunning, who joined British Airways in 1998 and has been its CFO since January 2016, will take over from de Lôme at IAG's annual general meeting in June, the company said.

"The Right Time"

"After eight years as CFO of IAG and, prior to that, 20 years as CFO of Iberia, I believe now is the right time for me to leave IAG," de Lôme said.

Gunning takes the role as the airline industry braces for a potential hit from Britain's impending exit from the European Union.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

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