Directorate Change

RNS Number : 1104P

Wizz Air Holdings PLC

24 May 2018

 

Wizz Air Holdings Plc

Appointment of Additional Independent Non-Executive Director

Geneva, 24 May 2018: Wizz Air Holdings plc ("Wizz Air" or "the Company" and together with its subsidiaries, the "Group"), the largest low-cost airline in Central and Eastern Europe and one of the fastest-growing airlines in Europe, today announces the appointment of Mr. Barry Eccleston to the Board of the Company as an independent non-executive director with effect from 1 June 2018.

A British national, Mr. Eccleston recently retired as Chief Executive Officer of Airbus Americas Inc., where he was responsible for all aspects of Airbus' commercial airplanes business in North America, a position he held since 2005.

Prior to this, Mr. Eccleston was VP/GM for Honeywell's Propulsion Systems Enterprise and had earlier served as Honeywell's VP Commercial Aerospace for Europe, Middle East and Africa.  Before joining Honeywell in 2002, he was Executive VP of Fairchild Dornier Corporation, a provider of Regional Aircraft. He started his career with Rolls Royce where he held several senior positions, culminating as CEO of International Aero Engines, a joint venture with Pratt & Whitney.

Mr Eccleston holds a bachelor's degree in Aeronautical Engineering from Loughborough University and completed the International Executive Program at the IMD in Lausanne, and holds an Honorary Doctorate from Vaughn College of Aeronautics. He is currently Chairman of the British-American Business Association in Washington DC., past President of The Wings Club of New York, and has served on the Boards of other industry Associations.  He is currently an outside director of FLYHT Aerospace Solutions Ltd, a Canadian public company, and a past outside director at Vector Aerospace Corporation in Canada.  

Commenting on this appointment, William A. Franke, Chairman said today:

"I am delighted that Barry has agreed to join the Board of Wizz Air. He brings to the Board significant expertise following his successful international career at the highest levels of some of the world's largest aviation manufacturers.  His knowledge on both technical and business levels will be particularly beneficial to Wizz Air as we continue to drive to become the undisputed cost leader among European airlines, in part through continuing our policy of using the latest-technology equipment.  We look forward to working with him."

Wizz Air confirms that there is no information to be disclosed under the requirements of Listing Rule 9.6.13R in relation to the appointment of Barry Eccleston.

About Wizz Air

Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 96 Airbus A320 and Airbus A321 aircraft, and offers more than 600 routes from 28 bases, connecting 141 destinations across 44 countries. At Wizz Air, a team of more than 4,000 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 29.6 million passengers in the financial year ended 31 March 2018. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ and is included in the FTSE 250 and FTSE All-Share Indices. Wizz Air is registered under the International Air Transport Association (IATA), Operational Safety Audit (IOSA), the global benchmark in airline safety recognition. The company was recently named 2017 - European Airline of the Year by Aviation 100, a renown annual publication that recognizes the year's most outstanding performers in the aerospace industry.

For more information:
Investors:	Balint Veres, Wizz Air:	[phone]
Media:	Sorina Ratz, Wizz Air:	[phone]
	Edward Bridges / Jonathan Neilan, FTI Consulting LLP:	[phone]

 

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