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Heathrow Airport says CEO Matthews to leave later this year

Tue, 01st Apr 2014 11:24

LONDON, April 1 (Reuters) - London's Heathrow Airport saidon Tuesday its chief executive Colin Matthews would be leavingthe company later this year and that it had started searchingfor his successor.

Matthews, who joined the world's third busiest airport in2008, said he would leave after Terminal 2 opens later thisyear, a redevelopment scheme which has been key to the airport'sexpansion in recent years.

Heathrow's owners include Spain's Ferrovial and thesovereign wealth funds of Qatar, China and Singapore.

Earlier on Tuesday, the airport said it would not contest adecision by the regulator to impose a new price cap on itscharges to airlines.

(Reporting by Brenda Goh; Editing by Paul Sandle)

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