Emirates Group CFO to step down after two decades

Emirates Group has confirmed that its Chief Financial and Group Services Officer, Michael Doersam, will step down from his role at the end of June 2026 after nearly two decades with the company, citing “family reasons”.

In a statement to media outlets, the Dubai-based group said it is in the process of identifying a successor, who will be announced in due course, and stressed that its strategic direction and commitment to delivering value to stakeholders remain unchanged.

Doersam has served as CFO since 2021, and previously held the role of Vice President of outstation finance and risk management from 2006 to 2008, overseeing finance activities across more than 80 countries in the airline’s network. During his tenure, he has been a key architect of Emirates’ financial strategy during periods of volatility, recovery and renewed growth in global aviation.

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The role oversees core functions including financial planning and analysis, reporting, treasury and risk management, all of which have been central to the carrier’s post-pandemic performance and long-term growth plans.

Doersam’s departure comes as Emirates, the world’s largest long-haul carrier, works through a substantial widebody aircraft order book of more than 300 jets from Boeing and Airbus, scheduled for delivery into the late 2030s. 

The airline, which posted record profits of AED22.7 billion in the year ending March 2025, plans to recruit around 20,000 additional operational employees by 2030 to support ongoing fleet and network expansion.

For more information, visit emirates.com