07-08-2009, 01:12 AM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>AI to overhaul brass in 30 days; to induct 7 independent directors</b>
pioneer.com
PTI | New Delhi
Cracking the whip to turn around ailing Air India, the government today announced an overhaul of its top management within 30 days and induction of seven independent directors with proven track record on the airline's board.
<b>It will also appoint a Chief Operating Officer (COO) to help CMD Arvind Jadhav beef up its day-to-day flight operations.</b>
Bringing relief to about 30,000 employees, the airline announced that its contractual staff would be given salaries by July 10 while others would get it by July 14.
Facing criticism after the airline's losses mounted to Rs 5,000 crore in 2008-09, the Civil Aviation Ministry decided to revamp the decision making bodies and disinvest a part of Air India's public stake in the near future.
"You will see in the next 30 days a major change in the top management in Air India. You are going to see a major change in the board. Some heads are going to roll.
"We are going to bring high quality people of great integrity and people with a proven track record in business," Civil Aviation Minister Praful Patel said here.
The names doing rounds for inclusion in the <b>AI Board include National Knowledge Commission Chairman Sam Pitroda, Infosys Mentor and Chairman N R Narayan Murthy and TCS CMD S Ramadorai. Official sources said seven independent </b>directors, who are to be inducted, would be of international repute.<!--QuoteEnd--><!--QuoteEEnd-->
They should have fired nonperforming reserved quota CMD Jadav, now they are appointing COO and 7 new director.
pioneer.com
PTI | New Delhi
Cracking the whip to turn around ailing Air India, the government today announced an overhaul of its top management within 30 days and induction of seven independent directors with proven track record on the airline's board.
<b>It will also appoint a Chief Operating Officer (COO) to help CMD Arvind Jadhav beef up its day-to-day flight operations.</b>
Bringing relief to about 30,000 employees, the airline announced that its contractual staff would be given salaries by July 10 while others would get it by July 14.
Facing criticism after the airline's losses mounted to Rs 5,000 crore in 2008-09, the Civil Aviation Ministry decided to revamp the decision making bodies and disinvest a part of Air India's public stake in the near future.
"You will see in the next 30 days a major change in the top management in Air India. You are going to see a major change in the board. Some heads are going to roll.
"We are going to bring high quality people of great integrity and people with a proven track record in business," Civil Aviation Minister Praful Patel said here.
The names doing rounds for inclusion in the <b>AI Board include National Knowledge Commission Chairman Sam Pitroda, Infosys Mentor and Chairman N R Narayan Murthy and TCS CMD S Ramadorai. Official sources said seven independent </b>directors, who are to be inducted, would be of international repute.<!--QuoteEnd--><!--QuoteEEnd-->
They should have fired nonperforming reserved quota CMD Jadav, now they are appointing COO and 7 new director.