REG - Wizz Air Holdings - Wizz Air Leadership Team Update

Wizz Air HoldingsAnnouncement

03/07/2024 09:30

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RNS Number : 9745U  Wizz Air Holdings PLC  03 July 2024

WIZZ AIR LEADERSHIP TEAM UPDATE

 

Geneva, 3 July 2024: Wizz Air Holdings Plc (the "Company" and, together with
its subsidiaries, "Wizz Air"), the most environmentally sustainable airline in
Europe, announces the following changes to its Senior Leadership Team
structure:

 

Robert Carey has departed the Company to pursue other interests. In the
interim, József Váradi, Chief Executive Officer, will assume commercial
leadership responsibilities for the next three months.

 

Effective from 1 October 2024, Michael Delehant, currently Chief Operations
Officer, will be promoted to Senior Chief Commercial and Operations Officer
based in Budapest reporting to József Váradi. Michael will assume the
responsibility for Wizz Air Group's operational and commercial activities.
Michael joined Wizz Air in 2021, as Group Chief Operations Officer. He
obtained a Bachelor degree in Psychology from the University of Michigan and
his MBA from Southern Methodist University in Dallas. He has over two decades
of executive airline experience in the fields of commercial, operations and
strategy, and a long track record of leadership and corporate transformation.
After a long career at Southwest Airlines in the US, he joined Wizz Air from
Vueling in Europe where he was Chief Strategy and Network Officer.

 

Diarmuid O'Conghaile, currently Managing Director Wizz Air Malta, will be
promoted to Chief Operating Officer to oversee the Group's operational
activities and performance, based in Budapest reporting to Michael Delehant.
Prior to joining Wizz Air in his current role in 2022, he served as Chief
Executive of the Irish Aviation Regulator, as Chief Executive of Malta Air at
Ryanair Group and in various managerial positions at Dublin Airport, the
European Commission, and the Irish government. He holds multiple Bachelor
degrees from Trinity College Dublin in economics and a postgraduate diploma in
competition law from Kings College London.

 

Mauro Peneda, currently Head of Operations Control, will be promoted to
Managing Director Wizz Air Malta, based in Malta, reporting to Diarmuid O
Conghaile.  Mauro joined Wizz Air in 2022 after nine years at the LATAM
Airlines Group, where he was most recently the Airports Director of LATAM
Brazil.  Prior to his time at LATAM, he held positions with consultancy
companies.   Mauro holds an MSc in Civil Engineering from Instituto Superior
Técnico, Lisbon and an MSc in Complex Transport Infrastructure Systems
jointly from Instituto Superior Técnico, Lisbon and MIT and a Postgraduate
Degree in Business Administration from Fundação Dom Cabral, São Paulo,
Brazil.

 

Subsequently, Silvia Mosquera, Commercial Officer, will report to Michael
Delehant.

 

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

"Today's announcement marks significant and well-deserved career advancements
for Michael, Diarmuid and Mauro. These promotions underscore Wizz Air's
steadfast commitment to promoting from within, based on performance and merit.
Their leadership and contributions will continue to drive our success as we
progress towards our WIZZ500 goals in the years ahead. At the same time, we
thank Robert for his contribution and wish him success in his future
endeavours."

 

 

- Ends -

 

ABOUT WIZZ AIR

Wizz Air, one of the most sustainable European airlines, operates a fleet of
over 200 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 62 million passengers in the financial year ending 31
March 2024. Wizz Air is listed on the London Stock Exchange under the ticker
WIZZ. The company was recently named the World's Top 5 Safest Low-Cost
Airlines 2024 by airlineratings.com, the world's only safety and product
rating agency, and named Airline of the Year by Air Transport Awards in 2019
and in 2023. Wizz Air has also been recognised as the "Most Sustainable
Low-Cost Airline" within the World Finance Sustainability Awards in 2021-2023
and the "Global Environmental Sustainability Airline Group of the Year" by the
CAPA-Centre for Aviation Awards for Excellence 2022-2023.

 For more information:

 Investors:  Mark Simpson, Wizz Air                                       +36 1 777 9407
             Dorottya Durucsko, Wizz Air

 Media:      Andras Rado, Wizz Air                                        +36 1 777 9324

             James McFarlane / Eleni Menikou/ Charles Hirst, MHP Group:   +44 (0) 20 3128 8100

 

 

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