easyJet CEO reduces salary to match female predecessor's
Source - SMW
easyJet said that new chief executive Johan Lundgren would voluntarily reduce his salary to match that of his predecessor, Carolyn McCall.
Lundgren's starting annual salary was £740,000, but he would reduce it to match the £706,000 earned by McCall when she left the budget carrier.
'At easyJet we are absolutely committed to giving equal pay and equal opportunity for women and men,' Lundgren said.
'I want that to apply to everybody at easyJet and to show my personal commitment I have asked the board to reduce my pay to match that of Carolyn's when she was at easyJet.'
easyJet said an overall gender pay gap at the company of 51.7% was driven by a 'massive gender imbalance' among pilots in the industry, with an overwhelming proportion being male.
Three years ago, the company launched the Amy Johnson initiative to encourage more women to enter the pilot profession. It set a target that 20% of new pilots should be female by 2020, up from 6% in 2015.
At 1:07pm: (LON:EZJ) easyJet PLC share price was -5.5p at 1683.5p