Board Update

RNS Number : 1082V

Wizz Air Holdings PLC

12 April 2021

 

BOARD UPDATE

Ticker:  WIZZ

Geneva, 12 April 2021: Wizz Air Holdings Plc ("Wizz Air"), today announces the appointment of Dr. Anthony Radev to the Board of the Company as independent non-executive director with effect from 13 April 2021. Dr. Radev will be responsible for overseeing engagement with employees, replacing Mr. Barry Eccleston who has been in that role since 1st January 2019 and who recently took over the Chairmanship of the Remuneration Committee .

A citizen of Hungary, Germany and Bulgaria, Dr. Radev has had an extensive career in academia and business. Presently, he serves as a president of Corvinus University at Budapest, Hungary, is a member of the Board of Directors at MOL Hungarian Oil and Gas Public Limited Company, a member of the Board at Hungary Football Federation and at the DSK bank in Bulgaria. For over twenty years, Dr. Radev has been involved with McKinsey & Co., in various roles, last one culminating in a Senior Partner from 2001 until 2013. His engagement has spanned many sectors of the economy and included leading McKinsey's financial institutions practice in Central and Eastern Europe as well as being a member of senior leadership team in European banking practice. Today, Dr. Radev is a Director Emeritus of McKinsey (honorary membership).

In 2014, Dr. Radev founded the School for Executive Education and Development (SEED) in Budapest to serve the needs of Central and Eastern European companies.

Dr. Radev holds Master's Degree in Economics from Marx Karoly University of Economics at Budapest, a Ph.D Degree in Economics, Institute of Contemporary Social Sciences at Sofia, Bulgaria and a Post-graduate program in International Studies at Bologna Center, School for Advanced Studies at the John Hopkins University, Bologna, Italy.

Mr. William Franke, Chairman of the Board, commented: 'Anthony brings to the Board of Directors a wealth of experience with particular focus on people and leadership in Central and Eastern Europe, our core region. The appointment of Anthony as Director overseeing employee engagement underscores the commitment to our most important asset, our people. We are determined to continue the profitable growth of our business in an inclusive and diverse manner'.

ABOUT WIZZ AIR

Wizz Air, the fastest growing European low-cost airline, operates a fleet of 137 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 40 million passengers in the financial year F20 ending 31 March 2020. 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, 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, recognizing individuals and organizations that have distinguished themselves through outstanding performance, innovation, and superior service.

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For more information:
Investors:	Zlatko Custovic, Wizz Air	[phone]
Media:	Sanja Pavel, Wizz Air: Edward Bridges / Jonathan Neilan, FTI Consulting LLP:	[phone] [phone]

 

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