Air New Zealand CEO Christopher Luxon will step down on September 25 after seven years in the role.
The board has started an international search for a new CEO, according to chairman Tony Carter, who is also leaving.
“The opportunity to lead New Zealand’s most iconic company will attract many candidates both internationally and within New Zealand,” Carter said.
“The board has commenced an international search and expects to be in a position to announce the appointment of a new chief executive officer in the near future.
“Further, Christopher will be in the role until 25 September, and then he will move to advising and supporting the incoming chairman and new CEO so we have a seamless transition and are set up well for future success.”
Luxon said has was incredibly proud of what he had achieved during his tenure.
“Our customer centricity, commercial focus, and highly engaged culture have made Air New Zealand the most revered company in our part of the world as reflected in our corporate reputation rankings on both sides of the Tasman,” he said.
“It has been intellectually challenging, people-centred and an absolute privilege to do this job.
“However, I do feel it is the right time for a new leader to take over and preserve and enhance the good things from our past, but also to put their own stamp on the organisation bringing their own personality and emphasis to the role as I did.”
Luxon said he had no plans for the future as yet.
“Then I’m going to take the summertime to refresh and recharge, and then reflect on what I will do next,’’ he said.
“I am now 48 years old and my wife Amanda and I are at an interesting time in life. Our children will both have finished high school and so we will have a new degree of freedom, including career choices.”