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On the Move

Willie Walsh to join CarTrawler after IAG departure

By Molly Dyson / 24 September 2020 / Contact Reporter
Business Travel News on X

Willie Walsh, who stepped down as CEO of International Airlines Group (IAG) earlier this month, is set to join car rental and mobility solutions provider CarTrawler as deputy chair from 30 September.

In addition, David Barger, co-founder and former CEO of Jetblue, and Conor Kehoe, a former senior partner at McKinsey & Company, will join as non-executive directors as Bobby Healy steps down from the board after 16 years.

Walsh recently stepped down as chief executive of IAG after more than nine years, having delayed his retirement to see the group through the worst of the Covid-19 crisis. He started his aviation career as a pilot at Aer Lingus in 1979 and subsequently held various management roles before being appointed CEO in 2001 following a brief stint at Futura, a Spanish airline owned by Aer Lingus, and then became chief executive at British Airways in 2005, going on to be a part of the formation of IAG in 2011.

CarTrawler chair Patrick Kennedy said Walsh, Barger and Kehoe bring “a wealth of extensive global experience in the aviation and technology industries that will add significant value as the world recovers”.

Kennedy added: “I would also like to give our sincere thanks to Bobby Healy as he steps down from the board on his outstanding contribution and dedication over the past 16 years. Bobby has been an exceptional part of the growth of CarTrawler and we wish him the very best in the future.”

The news comes after CarTrawler announced a controlling equity investment in excess of €100 million from TowerBrook Capital Partners in May. The company said it will use the investment to drive its next stage of growth as the company begins to benefit from the easing of travel restrictions.

CEO Cormac Barry commented: “Car rental is more relevant than ever in a Covid-19 world. We are seeing demand for car rental recovering quicker than other modes of transport as consumers see car as the safest way to travel. Despite the Covid-19 crisis, the business has had a number of material new partner wins in the last 12 months, most notably Easyjet, SAP Concur and Hopper.”

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