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KLM CEO Hartman to retire; Spinetta to exit by 2014

ATW Daily News by Victoria Moores | February 22, 2013

KLM CEO Peter Hartman will retire in July and Air France-KLM veteran Jean-Cyril Spinetta is planning to exit by no later than April 2014.

“The supervisory board of KLM has decided to accept the retirement of CEO Peter Hartman and to ask Camiel Eurlings to take over from July 1 this year,” Air France-KLM Group chairman and CEO Jean-Cyril Spinetta said, speaking at the company's results briefing in Paris Friday.

Eurlings is KLM managing director and EVP of Air France-KLM Cargo. He is also a former Dutch transport minister and Member of the European Parliament. “KLM remains in very capable hands,” Spinetta said, adding that Hartman will continue to advise the company.

Hartman told ATW he plans to spend more time with his grandchildren after his retirement. He will remain on the supervisory board of Air France-KLM and a number of other companies, and joked that his greatest challenge would be not taking on too much work.

Air France-KLM veteran Spinetta is also planning for retirement. Spinetta told ATW: “I also have a lot of grandchildren” and he added that he is also planning his exit. “The very last moment would be April 2014,” he told ATW.

Spinetta returned to his former position as Air France CEO in late 2011 following the departure of former Air France CEO Pierre-Henri Gourgeon. Spinetta was later replaced as Air France CEO by Alexandre de Juniac, although he has continued as group CEO and chairman.