Pursuits

Malaysia Air Gets Third CEO in Two Years as Revamp to Continue

  • Peter Bellew to succeed after Mueller’s April resignation
  • New CEO “will ensure continuity” of carrier’s turnaround plan

Malaysia Air Names Peter Bellew CEO

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Malaysia Airlines Bhd. named its third chief executive officer in two years amid a business overhaul after two fatal air crashes in 2014 prompted the carrier’s owner to take the company private.

The airline, now fully owned by the nation’s sovereign wealth fund Khazanah Nasional Bhd., promoted Chief Operating Officer Peter Bellew to the top job after Christoph Mueller resigned in April about less than half way into his three-year tenure. The appointment takes effect Friday, three months before Mueller was scheduled to leave.