International Cons Airlines Group IAG Chief Financial Officer (2616P)
15 Octubre 2021 - 6:15AM
UK Regulatory
TIDMIAG
RNS Number : 2616P
International Cons Airlines Group
15 October 2021
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
IAG CHIEF FINANCIAL OFFICER
International Airlines Group (IAG) announces that Steve Gunning
has decided to stand down from the role of Chief Financial Officer
and leave the Group after the release of the company's full year
2021 results.
Nicholas Cadbury will be joining IAG as Chief Financial Officer.
Nicholas joins from Whitbread PLC, where he is Group Finance
Director, having joined the group in 2012. He is also a
non-executive director and Chair of the Audit Committee for Land
Securities.
Luis Gallego, IAG's Chief Executive Officer, said: "I would like
to thank Steve for the key role he has played in leading the Group
through the unprecedented challenges we have faced in the last 18
months and wish him well for the future. His efforts and
achievements have enabled us to navigate the pandemic better than
most in our sector and ensure we are well placed to take advantage
of the enormous opportunities as travel continues to recover in the
coming months.
"I'm delighted that Nicholas will be joining IAG. He is a
well-respected, accomplished and experienced CFO with a fantastic
track record at Whitbread, Premier Farnell and Dixons Carphone.
"In the short term, our focus remains on delivering the best end
possible to 2021 and ensuring we are set up to return to
profitability in 2022 and Steve continues to play a key role in
enabling the Group to achieve this."
Steve Gunning said: "It has been a wonderful experience to be
involved in the creation and success of IAG. I have also had the
privilege of working with so many dedicated and talented people
during my twenty plus years with British Airways and IAG. Having
helped guide the Group successfully through the challenges of the
last two years, it is now the right time for me to seek a new
challenge. The Group is well positioned to take advantage of the
recovery in air travel and to emerge a strategic winner in the
industry."
15 October 2021
IAG Investor Relations
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