Air Canada announced the retirement of David I. Richardson, Chairman of the company's Board of Directors. His retirement will take effect at the conclusion of Air Canada's annual meeting of shareholders (AGM) on May 5, 2017, when Vagn Sørensen a current member of the Board, will become Chairman assuming he is re-elected as a director by shareholders at the AGM. Mr. Sørensen was appointed to Air Canada's Board in 2006, and is currently Chair of the Human Resources and Compensation Committee, and a member of the Audit, Finance and Risk Committee and the Governance and Nominating Committee. He has extensive experience in global business, finance, digital transformation and the airline and transportation industries.