Heathrow CEO to Stand Down

Colin MatthewsColin Matthews, CEO of London’s Heathrow Airport, is to stand down from his post later this year.  Mr Matthews joined Heathrow – then part of BAA – in March 2008.

Commenting on his departure Mr Matthews said: “It has been a privilege to serve as CEO of Heathrow for the last six years.  With a strong leadership team, the company continues to raise standards of passenger service, improve efficiency and reduce costs.  The opening of Terminal 2: The Queen’s Terminal in June this year is a further important step in the transformation of Heathrow and long term prospects are bright following the decision of the Airports Commission to shortlist our proposal for a new runway.  So once Terminal 2 has opened later this year, I have decided the time is right to pass on the baton.”

 Sir Nigel Rudd, Chairman of Heathrow, said: “Heathrow has commenced a search for a successor for Colin Matthews with the aim of having a new Chief Executive in place later this year and after Terminal 2: The Queen’s Terminal has opened.  Colin has done a fantastic job of improving Heathrow for passengers and will remain as Chief Executive until his successor is in place to ensure a smooth transition.”