Earlier this month, Latvian flag carrier airBaltic announced that Chief Executive Officer Martin Gauss had stepped down from his position following a meeting where “the Supervisory Board decided on changes to the company’s Management Board.” This brought an end to Gauss’s 13.5-year tenure as CEO, which began in November 2011. He had previously been the CEO of Malev Hungarian Airlines.
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airBaltic CEO Martin Gauss is out. The firing came after a shareholders’ meeting at which Latvia’s Transport Ministry called for a vote of no confidence in the airline executive. Due to how shareholders voted, the Supervisory Board decided to dismiss the current Chairman of the Board, Martin Gauss, as of April 7th.
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