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EasyJet chief Johan Lundgren cuts pay to match predecessor

EasyJet chief Johan Lundgren cuts pay to match predecessor

EasyJet's recently appointed chief executive Johan Lundgren has asked for his annual salary to be reduced so it matches the amount received by female predecessor Carolyn McCall.

Johan Lundgren, who stepped into the role in December 2017, has chopped his salary by £34,000 - $AUD 59,000 - in order to allow "equal opportunities" for the budget airline company.

He wants to fight the gender pay gap, and to prove he's a man of his word he's reducing his salary from £740,000 ($1.4m) to match that of his predecessor Carolyn McCall.

Lundgren said: "I also want to affirm my own commitment to address the gender imbalance in our pilot community which drives our overall gender pay gap". A new male CEO being offered 5% more money than what a female CEO made during her eight-year tenure does not signal promising company values around pay equity, but by having its new CEO take a pay cut, easyJet is signaling that it has heard the criticism and it is ready to change.

EasyJet said its average male salary was nearly 52% higher than the average female salary - largely because there are so few female pilots.

"This is a great achievement given the deep-seated view in society that being a pilot is a male job and means the airline is on track to meet our 2020 target", EasyJet said.

EasyJet said his remuneration package of bonuses and incentive payments is "identical" to the one McCall received.

EasyJet did not disclose McCall's starting salary. Like all airlines pilots make up a large proportion of easyJet's employees, they are paid more highly than our other communities and, most materially, 94% of them are male.

The gender imbalance, company explains, is a problem for entire aviation industry, where only 4% of commercial pilots around world are women. Last year, the airline recruited 49% female new entrant co-pilots, which marked a 48% rise on the previous year.


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