Celebrating 125 years since the foundation of City’s predecessor, the Northampton Institute, in 1894. Anniversary Lecture at Cass Business School.
Stelios is best known for creating EasyJet in 1995 when he was just 28 years old: This pan-European low-cost airline has revolutionised European air travel over the last two decades and now flies over 85 million passengers annually. In 2000 Stelios floated easyJet on the London Stock Exchange in order to fund future fleet growth but he and his family have always remained the largest shareholders owning about one-third of the shares. As EasyJet PLC became one of the biggest UK companies by market value (now part of the FTSE100 with a market cap of c. £7bn), Stelios successfully campaigned to set a new dividend policy that now distributes half of annual profits by way of dividends to all shareholders.
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