John Holland-Kaye will stand down as chief executive of Europe's busiest airport, London Heathrow.
The announcement came after what was widely regarded as a troubled 2022 for the five-terminal hub, which imposed a much-criticised passenger cap in mid-year.
The airport's board said it "would like to thank John for his exceptional leadership since 2014, building a strong management team, developing a consumer-focused culture, improving cost efficiency and putting Heathrow at the forefront of global aviation’s decarbonisation".
"Three of the most significant successes of John’s tenure were the development of the plan for Heathrow expansion that secured overwhelming Parliamentary approval, successfully navigating the business through the COVID-19 crisis and the recovery in demand, and his leadership in putting aviation firmly on course for net zero by 2050," the board added.
Holland-Kaye spent nine years at the helm of the airport and will remain in his post until the board finds a replacement.
“John has been an extraordinary leader of Heathrow. During the past nine years, he has worked tirelessly and collaboratively with shareholders, ministers, airlines and other stakeholders to ensure the country can be proud of its front door," said Lord Paul Deighton, the board's chair.