International Cons Airlines Group IAG Chief Executive (2695Z)
09 Enero 2020 - 1:51AM
UK Regulatory
TIDMIAG
RNS Number : 2695Z
International Cons Airlines Group
09 January 2020
IAG Chief Executive
International Airlines Group (IAG) announces that Willie Walsh
has decided to retire as chief executive. He will stand down from
the role and from the Board of IAG on 26 March 2020 and will retire
on 30 June 2020. Luis Gallego, currently Iberia chief executive,
will succeed Willie.
Antonio Vázquez, IAG chairman, said: "Willie has led the merger
and successful integration of British Airways and Iberia to form
IAG. Under Willie's leadership IAG has become one of the leading
global airline groups.
"Willie has been the main driver of this unique idea that is
IAG. I hugely admire his commitment, strong leadership and clear
vision, always ready to take on whatever challenges lay ahead of
him. I am deeply respectful of what he has achieved as CEO of this
Group, of his sense of fairness, his transparency and his capacity
to integrate people regardless of nationalities or backgrounds.
"Willie has established a strong management team and I am
delighted that Luis will be promoted from this team to succeed
Willie as CEO. Luis started his career in the airline industry in
1997 with Air Nostrum and, since 2014, he has been CEO of Iberia
where he has led a profound transformation of this airline. The
Board is confident that Luis is the right person to lead IAG in the
next stage of its development and we look forward to working
closely with Luis in his new role".
Willie Walsh said: "It has been a privilege to have been
instrumental in the creation and development of IAG. I have had the
pleasure of working with many exceptional people over the past 15
years at British Airways and at IAG. Luis has been a core member of
the team and has shown true leadership over the years and I have no
doubt he will be a great CEO of IAG".
Luis Gallego said: "It has been a great pleasure to work with
Willie over the last seven years. It is a huge honour to lead this
great company. It is an exciting time at IAG and I am confident
that we can build on the strong foundations created by Willie".
Luis Gallego's successor at Iberia will be announced in due
course.
9 January 2020
LEI: 959800TZHQRUSH1ESL13
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END
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