Bloomberg News

Easyjet Investors May Block Effort to Oust Chairman, Times Says

August 12, 2012

Shareholders of Easyjet Plc may reject founder Stelios Haji-Ioannou’s effort to oust Chairman Mike Rake at a meeting tomorrow, according to the Sunday Times.

A majority of shareholders will probably vote against Rake’s removal, proposed by Haji-Ioannou after the Libor scandal, the newspaper said, citing people it didn’t identify. Rake is also deputy chairman of Barclays Plc.

To contact the reporter on this story: Isaac Arnsdorf in London at iarnsdorf@bloomberg.net

To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net


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