Emirates finance chief is exiting in June: Emirates Group’s Chief Financial Officer (CFO) Michael Doersam (LinkedIn) is stepping down by the end of June, Bloomberg reports, citing a company statement. Dubai’s flag carrier is currently in the process of selecting a successor for Doersam, who is leaving for personal reasons. Doersam took the post back in 2021, having previously served as the firm’s vice president of outstation finance and risk management from 2006 to 2008.

What’s next? While the airline has not yet named a successor or issued a formal statement, the departure of a high-level veteran suggests a significant transition is coming for the world’s largest long-haul carrier as it navigates a massive aircraft order book and shifting regional competition. CEO Tim Clarke, who’s held his position since 2003 and is a close ally to Doersam, according to Bloomberg, has also been quietly preparing to cede control to a successor.

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