Tuesday May 13, 01:53 PM
Heathrow managing director Mark Bullock to step down - report
LONDON (Thomson Financial) - Heathrow airport's managing director Mark Bullock is to step down, according to a report on the BBC website, citing airport operator BAA Ltd.
BAA, owned by Spanish construction group Grupo Ferrovial SA (Madrid: FER.MC - news) ., said Bullock had 'chosen to leave' his job as the airport's managing director because of a change to management roles, the BBC reported.
Bullock oversaw the opening of the 4.3 billion pound Terminal 5, which has suffered a raft of problems such as cancelled flights and lost baggage since its opening in late March.
BAA's chief executive Colin Matthews said Bullock had 'made a significant contribution to BAA and to Heathrow Airport in particular and has led the airport through a particularly challenging period', the report said.
The BBC added he is to be replaced by Mike Brown who is currently chief operating officer at London Underground.
British Airways Plc., which operates from terminal, said last month that two of its top executives - operations director Gareth Kirkwood and customer service director David Noyes - were leaving the airline following the problems at T5.
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