Monarch recruits two former industry leaders as directors

Monarch recruits two former industry leaders as directors

Monarch Group has appointed two senior aviation figures to the company’s board. Former Civil Aviation Authority chairman Sir Roy McNulty and former head of British Midland (BMI) Austin Reid will join Monarch in July as non-executive directors.

McNulty is currently deputy chairman of the Olympic Delivery Authority and a non-executive director of Gatwick Airport.

He was chairman of CAA until 2009 after previously heading the air traffic control body, National Air Traffic Services (Nats).

Prior to that McNulty ran Belfast-based aerospace company Short Brothers as chief executive and chairman. Short Brothers is now part of Bombardier.

Austin Reid held executive roles at BMI from 1985 to 2005, heading the airline as managing director and chief executive for a decade. He is currently a non-executive director of SR Technics.

Monarch also announced the appointment of Richard Roth as group director of performance management and turnaround from today. Roth is former chief financial officer of private jet operator Royal Jet, based in Abu Dhabi, and has previously worked at easyJet.

Iain Rawlinson, Monarch Group executive chairman, said: “These appointments significantly strengthen the governance and leadership team of Monarch as we continue to modernise the group and execute our turnaround plan.

“We remain on target operationally and financially.”


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