EasyJet boss takes pay cut to match predecessor
- Author: Rogelio Becker Feb 01, 2018,
Feb 01, 2018, 0:27
Easyjet's new chief executive Johan Lundgren has offered to reduce his salary to match what his predecessor, Carolyn McCall, was on.
Johan Lundgren, who joined the budget carrier in December, said he'll take a $48,000 pay cut in support of gender equality.
Lundgren said that easyJet was "absolutely committed" to giving equal pay and opportunity to men and women, adding that he asked the board to reduce his salary. The former CEO, Carolyn McCall, left the company after eight years with a salary of £706,000 (approximately $990,730) - a gap of almost five percent.
The decision of top executive of low-priced airline occurs days after six BBC star presenters also chose to reduce ir salaries to combat wage gap in Public Broadcasting Corporation, which summer Past made public wages of best-paid presenters.
EasyJet today revealed a huge 51.7pc gender pay gap, although it claimed this was more to do with the "massive gender imbalance" in the aviation industry's pilot community.
"This is a great achievement given the deep-seated view in society that being a pilot is a male job and means the airline is on track to meet our 2020 target", EasyJet said.
EasyJet said in a statement that the new CEO's remuneration would be identical to McCall's in all other respects.
EasyJet, the Luton, England-based carrier, had set Lundgren's starting salary at approximately $1.04 million; a raise of almost $48,000. The airline says it has a progressive culture to enabled female pilots to progress more easily than at other airlines, with over a third of easyJet's female pilots already Captains.
McCall left EasyJet at the end of 2017 to take up the chief executive role at United Kingdom broadcaster ITV.
Only about 4 percent of the world's commercial pilots are women, with easyJet slightly higher at 5 percent.
Previous year they recruited 49 - 13 percent of the total hired.
But we recognise we need to do better.