There are 7 board of directors in the airline. Etihad Airways is governed by a board of directors.As of 2016,the chairman of the board is known as Mohammad Mubarak Bin Fadil Al Mazroui (Etihad,n.d). The Board consists of seven independent non-executive members.It also has two sub-committees, which is known as Audit Committee and the Executive committee.These two committes have each their own charter and chairman.Currentky,there are no women who are appointed as the board members. The board members are as follows: H.E. Mohamed Khalifa Al Mubarak ,H.E. Hamad Abdulla Al Shamsi,H.E. Ahmed Ali Al Sayegh, H.E. Mohamed Hareb Sultan Al Yousef ,H.E. Ahmed Ali Matar Al Romaithi and H.E. Khalifa Sultan Al Suwaidi (Etihad,n.d.) As the airline is wholly …show more content…
He has over 20 years of extensive experience in the investment industry (Adae.ae,n.d.). His main aim is to accomplish shareholders’ expectations and ensure that the company achieves its financial goals. H.E. Al Romaithi is also currently a board member of several institutions, one of which is the Etihad Aviation Group, and he is a member of several other committees including the Abu Dhabi Investment Council, Etihad Airways since 2016, and ADNOC, giving him a thorough understanding of finance and corporate governance.He is an external board of director in Etihad Airways.H.E. Al Romaithi holds a Bachelor’s Degree in Business Administration from The University of Denver, USA. He is also a certified Chartered Financial Analyst (CFA).
In conclusion, there are only 1 internal board of directors in that were elected for Etihad Airways. An internal board of director is a member who has the interest of major shareholders, officers, and employees in mind and whose expertise in their business and their market adds value to the board. The other 6 board of directors are the external board of directors. External board of directors are not involved in the inner workings of the company and bring experience from working in with other businesses. This position provides more of an objective view what goals need to be met and how to fairly settle
1. Member Board of Directors – Each Director serves for three-year terms and may be reelected. There are 21 members currently serving on the Board.
JetBlue Airways, the latest entrant in the airlines industry has gone through the initial stages (entrepreneurial and collectivity) of the organizational life cycle rapidly under the successful leadership of David Neelman. JetBlue Airways is currently in the formalization stage of the life cycle where in it needs to create procedures and control systems to effectively manage its growth. Also as it proceeds to grow further to reach the elaboration stage, JetBlue needs to continue to align itself with the environment in order to maintain its sustained growth.
As the new president of the airline, Stephen’s first concern is to create a financially solid company since it is a common presumption for airline industries that maintenance costs rise with the age of aircrafts.
Because the Board of Directors only meets four times a year, the day-to-day operations are managed by a Chief Executive Officer. The CEO has appointed five Chiefs as his
We didn’t find that any of the board members were employed with the company in the past and interlocking directorship is not found neither. There is three female board members which is very good number taking the highest number of females in the board
Finally, and perhaps most importantly, consider what the prospective directors ' affiliation might be with executives. Members of the board are often obliged to make arduous decisions concerning finances, personnel and salaries. Ensure that potential members do not have a conflict of interest concerning management and other key personnel. Professionals emphasize board members must
A Board of directors, in my opinion, is a body of one person or a group of people who should oversee the performance of a organization. The goal of Board of Directors is to protect the organization 's assets and to use source to
Board of Directors – are responsible for overseeing the activities of Innovative Widgets so that the company meets the expectations of our founder.
Joshua Kennon (2007), stated that “The board of directors is the highest governing authority within the management structure at any publicly traded company and is usually made up of the directors who are elected for a specific number of years by the shareholders”. According to Wikipedia,” A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization”.
In this individual assignment, reading material including the different ways companies innovate, re-energize a mature organization, and change corporate culture provide the basis for analyzing British Airways’ (BA) transformation and the difficulties encountered in making an organizational change. Identification of critical factors leading to British Airways successful transformation as well as steps, sequence, and risks taken to transform the organization and personal assessment is provided for this case study.
JetBlue Airways, the latest entrant in the airlines industry has gone through the initial stages (entrepreneurial and collectivity) of the organizational life cycle rapidly under the successful leadership of David Neelman. JetBlue Airways is currently in the formalization stage of the life cycle where in it needs to create procedures and control systems to effectively manage its growth. Also as it proceeds to grow further to reach the elaboration stage, JetBlue needs to continue to align itself with the environment in order to maintain its sustained growth.
British Airways (BA) is a company that encountered several difficulties back in the 1970’s and 1980’s. The poor performances of the organization, was leading the company to failure. BA was offering a service that even though it accomplished the mission of the company, was not providing customer satisfaction. The organization was not taking into consideration the needs of the costumer and was not providing an acceptable customer service experience. “Productivity at BA in the 1970s was strikingly bad, especially in contrast to other leading foreign airlines” (Jick, Peiperl, 2010, p.28). Due to numerous changes, the company increased their revenues and became a respectful and well know organization.
The Board of the Company consists of 11 (eleven) Independent Directors and 2 (two) Inside Directors. They have expertise in the areas of business, finance, law, audit and public companies.
The board consisted of the leaders of their own fields. It included physicians, lawyers, politicians and some of the former CEOs of airline industry. The board was relatively new and the most severe member had been there for four years. The risk management was the major issue which attracted most attention of the board and they dedicated more time on attention n risk management since the financial collapse.
As a part of Crossman Communications, this essay will go into depth about the client, Malaysian Airlines and their recent campaign. Malaysian Airlines founded in 1957, currently flies to 53 different destinations having over 12 000 employees (Malaysian Airlines, 2017). The airline company offers the best way to fly to and from Malaysia flying over 40 000 people everyday (Malaysian Airlines, 2017). The campaign was set to rebuild the trust of Australian and New Zealander flyers due to the multiple aircrafts that have gone missing which have affected families in both countries (Crossman Communications, 2015). Having said that, the goal was to improve bookings, and generate positive media coverage (Crossman Communications, 2015). This essay