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Changes in Avianca: Frederico Pedreira will take over as CEO and president of had since January 2024.
Since January 2024, Adrian Neuhauser will be the new CEO of Open Group, and will continue to accompany the growth of Avianca as Executive Vice-Chairman of its board of directors. At the same time, Frederico Pedreira will assume leadership of the airline as CEO and President.
New CEO of Avianca
The announced changes will allow us to continue aligning the expansion strategy of the Open Group with the execution of the business plan Avianca in Latin America.
Since his arrival at Avianca in 2019 como Chief Financial Officer, Neuhauser led the company's restructuring; later, on 2021 was appointed CEO and President; He was also the one who spearheaded the successful entry and exit process of Chapter 11; the reactivation of the post-pandemic operation in more than 26 countries; the transformation of the airline's business model to be a more efficient company, sustainable and competitive and, more recently, brand renewal.
For his part, Pedreira came to Avianca in the year 2021 as Chief Operating Officer and in his role he achieved, together with his team, turn around the airline's operational indicators, turning it into a benchmark of operational excellence. It was also a fundamental piece for the transition to Avianca's new business model..
Neuhauser he claimed: “I am proud of what our team has accomplished in Avianca. I fully trust Fred and his leadership in executing Avianca's next steps.. I hope to continue working with him, and with the whole team, for many more years.”
For his part, Pedreira said: «Thank you for the trust, I feel honored and privileged to be able to team up with more than 13.000 people who are part of our Avianca».
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