He began his career at the airport 37 years ago as a trainee fireman and was appointed CEO 10 years ago, before being named Chief Executive of the Year in 2015.
Davie is now set to join investment house AMP Capital as a part-time senior adviser in its international airports business.
Nick Jones, Newcastle Airport’s chief financial officer, will be taking over as CEO from 1 May. Nick is well known to the region and joined the business as CFO in June 2015. An external search for a permanent CEO will commence shortly.
In a statement to his colleagues, Davie Laws said: “The decision to move on from the business that I have known and loved all my career has not been easy, but the fact that we achieved so much in 2015 is what made my mind up.
“Some notable highlights include seeing United Airlines commence services to New York and their return in 2016, a new airside departure lounge to be proud of, and the announcement of Ryanair to play a significant role in the future of the airport.”
Councillor Iain Malcolm, leader of South Tyneside Council, the lead authority for the LA7 airport consortium, said: “Davie has been an excellent chief executive of Newcastle Airport and I would like to thank him for everything he has done for our region during his many years of service. Davie will be missed but he leaves a strong legacy and I look forward to seeing the airport build upon that legacy in the future.”
David Rees, partner and head of asset management at AMP Capital, said: “Davie has made an outstanding contribution to the airport and the region and I would like to offer him my sincere thanks and appreciation for building such a strong, successful business. I’m looking forward to continuing to work with Davie at AMP Capital.”
James Ramsbotham, chief executive of the North East Chamber of Commerce, said: “It was a pleasure working with Davie during his term as president of the Chamber, especially during the 200th Anniversary celebrations. I believe that, by bringing both Emirates and United Airlines to the region, Davie leaves a legacy of success in terms of connectivity and exports. I wish Davie well in his future career.”