EasyJet to rebuff bid to oust Rake

EasyJet is set to rebuff an attempt by the low cost airline’s founder Sir Stelios Haji-Ioannou to oust Sir Michael Rake as chairman.

EasyJet to rebuff bid to oust Rake

EasyJet is set to rebuff an attempt by the low cost airline’s founder Sir Stelios Haji-Ioannou to oust Sir Michael Rake as chairman.

At a shareholder meeting at Luton Airport today, Sir Stelios will present a resolution to eject Sir Michael, who is also deputy chairman of Barclays, in the wake of the Libor-rigging scandal that sent shockwaves through the British banking giant.

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