NON-EXECUTIVE DIRECTOR

Stephen Kavanagh currently serves as a Non-Executive Director of CDB Aviation Lease Finance and Aer Lingus having stepped down as Chief Executive Officer and Accountable Manager of Aer Lingus in early 2019 following a 30 year career at the Irish flag carrier.

Stephen led the airline through its sale to IAG in 2015 and subsequently championed the development of a successful value model strategy that saw the carrier grow in size by a third to over €2 billion in revenue, doubling operating margin and delivering an industry-leading return on invested capital.

During his time with Aer Lingus, Stephen also held a number of executive roles, including Chief Strategy and Planning Officer, Chief Commercial Officer, and Corporate Planning Director.

Born in Dublin, he was educated at University College, Dublin and holds a Masters of Business Studies from Smurfit Graduate Business School where he has lectured on the Airline Industry. He lives in Dublin with his partner and their two sons.

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