Pieter Elbers will not enter into third term as KLM CEO next year
The Supervisory Board (SB) of KLM today announces that, after close consultation with CEO Pieter Elbers, it has established that Elbers will not enter into a third term as CEO & President of KLM as of 1 May 2023. This enables the Supervisory Board to start a thorough process for a successor in a timely manner.“
In view of the expiration of his second term, which provides the Supervisory Board a natural moment for consideration, we have, after consultation with Pieter, concluded not to enter into a third term. The continuity of KLM's leadership greatly benefits from being able to establish this at an early stage. It enables us to initiate a thorough succession process and also to offer a new CEO a sufficient induction period. It is also a time when the restructuring plan has largely...