REG - Wizz Air Holdings - Leadership Update

Wizz Air HoldingsAnnouncement

22/08/2022 08:00

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RNS Number : 6937W  Wizz Air Holdings PLC  22 August 2022

Wizz Air Holdings Plc

 

LEADERSHIP UPDATE: GROUP CHIEF FINANCIAL OFFICER

 

Geneva, 22 August: Wizz Air, Europe's fastest growing and most sustainable
airline is announcing leadership change in the CFO position.

 

Jourik Hooghe, Group Chief Financial Officer of Wizz Air, has decided to step
down to pursue opportunities outside of the company. Jourik will be available
during the transition period until December 31, 2022.

 

Ian Malin will be joining Wizz Air on October 1, 2022 to take on the Group
Chief Financial Officer position, based in Budapest reporting to the Chief
Executive Officer. Ian will assume responsibilities for digital development,
investor relations, financial planning and controlling, accounting and
treasury as a member of the Company's Executive Leadership Team.

 

Mr. Malin has a proven track record in the finance area as a global executive.
He has gained extensive professional experience over the past 22 years, among
others at KPMG, Allco Finance Group, Seabury, the AJW Group and Unical
Aviation. Mr. Malin is Polish-American holding bachelor and juris doctor
degrees from Middlebury College and New York Law School.

 

Commenting on the appointments József Váradi, the Group's Chief Executive
Officer said:

 

"I am delighted to welcome Ian to the company. He joins at an exciting time as
Wizz Air drives long term growth based on a deep aircraft order book and
ambitious expansion plans in Europe and the Middle East.  I look forward to
working with him in the coming years.

 

I would also like to take this opportunity to thank Jourik for his
contribution to the company over the past three years, probably the most
challenging period for any airline CFO. I certainly wish him the very best for
the future."

 

 

ABOUT WIZZ AIR

Wizz Air, the fastest growing European ultra-low-cost airline and one of the
most sustainable, operates a fleet of 157 Airbus A320 and A321 aircraft. A
team of dedicated aviation professionals delivers superior service and very
low fares, making Wizz Air the preferred choice of 27.1 million passengers in
the Financial Year F22 ending 31 March 2022. Wizz Air is listed on the London
Stock Exchange under the ticker WIZZ. The company was recently named one of
the world's top ten safest airlines by airlineratings.com
(http://airlineratings.com/) , the world's only safety and product rating
agency, and 2020 Airline of the Year by ATW, the most coveted honour an
airline or individual can receive, recognising individuals and organisations
that have distinguished themselves through outstanding performance,
innovation, and superior service, and was also rated the most sustainable
airline in Europe by Sustainalytics in January 2022.

 

 - Ends -

 

 

 For more information:

 Investors:  Zlatko Custovic, Wizz Air                               +36 1 777 9407

 Media:      Zsuzsa Trubek, Wizz Air                                 +36 70 652 4115

             Edward Bridges / Jonathan Neilan, FTI Consulting LLP:   +44 20 3727 1017

 

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