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Business

Air India board meets to discuss new CEO's salary structure, other matters

Business Standard ·
Air India board meets to discuss new CEO's salary structure, other matters

Air India's board of directors are meeting in the city on Tuesday as the airline is set to see the CEO transition, with former Ethiopian Airlines Group chief Tewolde Gebremariam expected to formally take charge later this month.

At the board meeting chaired by N Chandrasekaran, who is the Chairman of Tata Sons, various matters, including the salary structure of the incoming CEO, are expected to be discussed, according to sources.

Campbell Wilson, the MD and CEO of Air India, will be stepping down from his role this month.

Apart from Chandrasekaran and Wilson, there are five other board members -- Sanjiv Mehta, Alice G Vaidyan and P R Ramesh are the independent directors, while P B Balaji and Goh Choon Phong are the non-executive non-independent directors.

The sources said the board members would also be thanking Wilson for his contributions to the airline.

He has been at the helm of the airline and piloting an ambitious transformation plan since July 2022.

Chandrasekaran, Wilson a

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