CORRECT: Air NZ's Luxon drops GM short-haul from exec team 19 Oct 2012
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CORRECT: Air NZ's Luxon drops GM short-haul from exec team
(Fixes CEO name in first paragraph)
Oct. 19 (BusinessDesk) - Air New Zealand's rejig of its executive structure for incoming chief executive Christopher Luxon hasn't found room for general manager of short-haul Bruce Parton in his new inner circle.
From the start of next year, Luxton will have seven people reporting directly to him, the same number of people who are part of current boss Rob Fyfe's executive team, but with new titles, Air NZ said in a statement.
Luxon hasn't found room for Parton, who reportedly made a bid for the top job, and has kept chief financial officer Rob McDonald, chief flight operations and safety officer Captain David Morgan, chief marketing and customer officer Mike Tod and chief strategy and planning officer Stephen Jones.
The executive team will be rounded out by a new chief operations officer, chief commercial officer and chief people officer.
Luxon's appointment has seen GM of human resources Vanessa Stoddart flag her exit at the end of the year, and deputy CEO and 44-year industry veteran Norm Thompson will retire in June. Glen Sowry, GM of operations, was another to jump ship, announcing his departure last month.
Shares in Air NZ rose 0.8 percent to $1.25, and have surged 39 percent this year.
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