Emirates CFO Michael Doersam to Step Down in June 2026

Veteran finance executive to leave after nearly two decades; successor to be announced in due course

Emirates has confirmed that its Chief Financial and Group Services Officer, Michael Doersam, will step down at the end of June 2026 for family reasons, concluding nearly two decades with the airline group.

In a statement issued Tuesday, an Emirates spokesperson said Doersam had announced his decision to leave the role and that a successor would be named in due course.

“We can confirm that Michael Doersam, Emirates Group’s chief financial and group services officer, has announced his plan to step down from his role at the end of June 2026 for family reasons. His successor will be announced in due course. The Emirates Group’s strategic direction and commitment to deliver value to our stakeholders remain unchanged,” the statement said.

Two Decades of Financial Leadership

Doersam joined Emirates in 2006 as Vice President for Outstation Finance and Risk Management at the group’s Dubai headquarters. In that role, he oversaw finance activities across the airline’s network spanning more than 80 countries, in addition to managing the group’s credit risk operations within the UAE.

In 2008, he was elevated to Senior Vice President for Group Finance. Over the years, his responsibilities expanded to include oversight of finance strategy, financial reporting, treasury, management accounting, global financial services and insurance operations.

He was appointed Group Chief Financial Officer in 2021, before assuming his current position as Chief Financial and Group Services Officer in March 2024.

Stability Amid Transition

The leadership change comes at a time of continued operational and workforce expansion for the Emirates Group, which employed 124,000 people at the end of the 2024–25 financial year.

As the world’s largest international carrier, Emirates is also pursuing an ambitious recruitment drive. Last month, Adel Al Redha, Deputy President and Chief Operations Officer, announced plans to hire 20,000 operational employees. The recruitment campaign will include cabin crew, pilots, engineers, technicians and airport staff to support the airline’s growing network and fleet operations.

While Doersam’s departure marks the end of a significant chapter in Emirates’ financial leadership, the company has emphasised continuity in its strategic direction and its commitment to delivering long-term value to stakeholders.

The announcement of his successor is expected in the coming months as the airline prepares for a smooth leadership transition.