Leadership Update

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 , 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.

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

 

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