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Enrique Cueto will be CEO of LATAM Airlines Group until the 31 march 2020, Roberto Alvo Milosawlewitsch comes in to replace him..
After 25 years at the head of the LATAM Airlijnes group, Enrique Cueto will leave his position on 31 march 2020, His replacement being the current Commercial Vice President of the Group, Roberto Alvo, considering the current moment for the company to make this announcement and carry out a planned transition.
This relevant announcement occurs in a context of solidity in which the Group has successfully faced a long period of complex global and regional scenarios and has been able to carry out a transformation rarely seen in the global airline industry., creating the largest Latin American airline network.
The change, that will be effective on 31 March of the 2020, will allow for a planned transition without neglecting current strategic priorities and ongoing projects.
“We make this announcement in an environment of solidity and stability. Today we are the leader in the connectivity of the region with the world, We are among the most punctual airlines in the world and with a service distinguished by the millions of customers who prefer us, and we have considerably improved our financial position”, said the Chairman of the Board of Directors of LATAM Airlines Group, Ignacio Cueto.
This appointment follows a planned succession process that began last year and included external and internal candidates.. The unanimous decision of the board of directors to appoint Roberto Alvo took into consideration his 18 years of experience in the company, successfully occupying different positions in Finance, Fleet, Planning, and in recent years, leading the Commercial area.
“We are confident that Roberto Alvo's leadership and deep knowledge of the industry and the region will take us to fly even higher.”, maintaining the preference of more than 70 "We transport millions of passengers a year and become one of the most admired airlines in the world.", added Ignacio Cueto. in addition, thanked the current CEO, Enrique Cueto, for his vision and leadership to turn the Latin American air group into a global benchmark.
This was reported by LATAM Airlines in a press release..
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