EasyJet’s new male CEO takes pay cut to match female predecessor


LONDON: EasyJet Plc’s newly hired chief executive officer is taking a pay cut to match the salary of his predecessor, Carolyn McCall, as the discount airline joins UK-wide efforts to reduce the national gender gap in remuneration.

Johan Lundgren’s salary, originally set at £740,000 (RM4.04mil), will be reduced 4.6% to the £706,000 earned by McCall last year, before she left to run UK broadcaster ITV Plc, the Luton, England-based carrier said in a statement yesterday. EasyJet will also seek to beat a target of ensuring that 20% of new pilots are women by 2020, Lundgren said.

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