Ex-CEO Bellew must pay four months’ salary to Malaysia Airlines

 |Nov 14, 2017

KUALA LUMPUR: Former Malaysia Airlines Bhd (MAB) chief executive officer Peter Bellew must pay four months’ salary to the national carrier for resigning without giving adequate notice.

Second Finance Minister Datuk Johari Abdul Ghani said Bellew failed to comply with the six-month notice period in his contract agreement with MAB and had instead given only two months’ notice.

“The CEO contract was for three years and both parties may give a six-month notice to each other.

“In the case of the CEO, he resigned by giving less than six months’ notice. So, he has to pay us four months’ salary,” he said when winding-up the 2018 Supply Bill for the Ministry of Finance at the Dewan Rakyat yesterday.

Johari however, refused to state the amount Bellew would have to pay MAB.

Bellew tendered his resignation on Oct 8 to take up a position at Ireland’s Ryanair. He will be succeeded by MAB chief operating officer Capt Izham Ismail effective Dec 1. – Bernama