After nine years and three terms as chairman of Heathrow, Sir Nigel Rudd will be stepping down from his role in September 2016 in line with standard board practice.
During his tenure, Heathrow has gone through significant change with Rudd advising the Heathrow Board - including on matters such as the sale of airports and a regrouping of the company to focus solely on Heathrow, the UK’s hub airport.
His time on the board was capped by last year’s successful opening of Terminal 2: The Queen’s Terminal, marking the conclusion of an £11 billion investment programme which transformed Heathrow into the best hub airport in Europe.
Preparations are underway for the appointment of a new chairperson who will take forward the airport’s expansion plans and help Heathrow achieve its ambition of giving passengers the best airport service in the world.
To ensure a smooth transition, Rudd will remain in post until this work is completed in the second half of 2016.
Rudd said: “I’m really proud to have played a role in re-establishing Heathrow as a national asset for the UK.
“I’ve seen first-hand just how much of an economic engine Heathrow is for all parts of our great trading nation.
“That’s why it’s so important that Government lives up to its “open for business” mandate and expands Heathrow.
“We can keep Britain at the heart of the global economy and I will continue to actively make the case for a bigger and better Heathrow.”