Posted on: 29 November 2013 by Mark Howells
Magni Arge has resigned as CEO of Atlantic Airways after he and the Board of Directors agreed to part ways because the board wants the company to move in a new direction; during a transitional period, Jørgen Holme (pictured) will fill the position.
Arge will be available on a consultant basis for a time to come with the transitional period quoted as 1-2 years,
"The years at Atlantic Airways have been both challenging and absorbing. I believe Atlantic Airways is a solid company, well suited for future development. It has been a privilege to work with so many hard-working and enthusiastic people at the flag carrier of the Faroe Islands. I wish a bright future for both them and the company in the years to come," commented Arge.
"We wish to thank Magni Arge for his faithful service and for his great accomplishments at Atlantic Airways," remarked Niels Mortensen, chairman of the board.
At a later date the board and the new CEO will set out the company’s new direction, which will include an overall plan for the company’s future potential, upon which coming management teams can build. Mortensen noted that the most important issue at the moment is for Holme to have the opportunity to get to know the company well and assess the challenges it will face in the coming years.
"This is a new challenge, and my first task is spending time to get to know the company and its employees well. I am looking forward to meet employees, partners and customers, as well as getting to know the Faroes," remarked Holme.