Enrique Cueto ceases to be CEO

Enrique Cueto ceases to be CEO of LATAM Airlines

Enrique Cueto beá CEO of LATAM Airlines Group until the 31 march 2020, Roberto Alvo Milosawlewitsch comes in to replace him..

Afterés de 25 añyou at the head of the LATAM Airlijnes group, Enrique Cueto leaveá his position 31 march 2020, His replacement being the current Commercial Vice President of the Group, Roberto Alvo, considering the appropriate moment as the one the company is experiencingñíto make this announcement and carry out a transitionón planned.

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.ón rarely seen in the industryéworld area, creating the largest Latin American network of líneas aéreas.

The change, what will be doneá effective the 31 March of the 2020, to allowá make a transitionón planned without neglecting strata prioritiesécurrent logics and ongoing projects.

“We make this announcement in an environment of solidity and stability. Today we are theíder in the connectivity of the regionón with the world, we are within the companyñías aéreas mápunctual companies in the world and with a service distinguished by the millions of clients who prefer us, and we have considerably improved our positionófinancial n”, I knowñaló the Chairman of the Board of Directors of LATAM Airlines Group, Ignacio Cueto.

This appointment comes after a planned succession process.ón that it startsó the Añor past and what includesó external and internal candidates. I decided itón oneánime of the board of directors to appoint Roberto Alvo tomó in considerationón their 18 años of experience in the companyñía, successfully occupying different positions in Finance, Fleet, Planningón, and in the úlast toños, leading the área Commercial.

“We are confident that the leadership and deep knowledge of the industry and the regionón by Roberto Alvo will take usá to fly toún más alto, maintaining the preference of the más de 70 millions of passengers that we transport toñor and become one of the líneas aéreas más admired in the world”, añadió Ignacio Cueto. in addition, thank youó to the current CEO, Enrique Cueto, for your visionón and leadership to convert the group toéLatin American prisoner in a world reference.

Así informó LATAM Airlines in press release.

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