Ethiopian CEO Tewolde G. Mariam has resigned.
The airline announced in a statement that Tewolde had resigned voluntarily.
In a statement, the airline said Tewolde had been receiving medical treatment in the United States for the past six months.
Tewolde G. Mariam said he could not continue as the airline’s chief executive due to ill health.
Accordingly, the board of directors of Ethiopian Airlines has accepted Tewolde’s resignation.
It is also stated that the Board of Directors will soon appoint Tewolde G. Mariam as the Chief Executive Officer of the airline.
The airline said in a statement that Tewolde has achieved great success during his more than a decade in charge of the company.
Under his leadership, the airline has achieved remarkable success on all fronts, with annual revenues rising from $ 1 billion to more than $ 4.5 billion.
The number of aircraft has increased from 33 to 130 and the number of passengers a year has increased from 3 million to 12 million.
The statement said the airline had quadrupled in its entirety, citing the construction of key hotels, cargo terminals, aviation academies and flight simulators in Africa as an example.
The statement added that the board of directors, senior management and staff of the Ethiopian Airlines family are grateful for their contribution and wished them good health.