Aéroports de Paris SA: Groupe ADP gets a new organization to
optimize its performance and expansion
PRESS RELEASE
December 19th, 2019
Groupe ADP gets a new
organization to optimize its performance and
expansion.It makes new appointments
To keep on and enhance its value
creation strategy, Groupe ADP implements a new integrated
organization for the entire group, with the creation of two new
departments, the identification of ten business lines and a
strengthening of the operational links between Groupe ADP and TAV
Airports.
Overall activities of Groupe ADP, which employs
around 26,000 people and directly manages 24 airports worldwide,
are carried out by the Parisian Airports as well as its various
subsidiaries, including TAV Airports (46.1%-owned), its dedicated
subsidiaries in retail and services, Airport International Group
(concessionary of Queen Alia International Airport in Amman,
Jordan, 51%-owned), or ADP Ingéniérie and Merchant Aviation, its
engineering subsidiaries. Groupe ADP is
therefore active in 125 airports among 50
countries.
Groupe ADP wishes to continue the expansion of
the Parisian Airports and to seize new international opportunities
to build a sustainable global airport leader. Its ambition is that
International activities will contribute between 35% and 40%
to the group's EBIT by 2025 (vs 27.4% in 2018). In the same time,
TAV Airports aims to keep to expand its activities both in Turkey
and in other countries.
It implies for Groupe ADP to boost development
while ensuring its financial strength. This strategy is based on an
industrial vision and involves a better integration of TAV Airports
and Airport International Group into the group, in order to foster
operational synergies, optimize resources and create maneuvering
margins to continue the development of the entire group.
With this in mind, Groupe ADP adapts its
organization with four components:
- the setting up of a global Development
Department, which will gather all the
prospection teams dedicated of the group. This department
will be in charge of all the development projects, including
non-airport developments and those of service subsidiaries (BTA,
specialized in catering; ATU focused in duty free retail,
etc.);
- the setting up of a global Operations
Department, whose competencies will be extended at
international level. It will be notably in charge of the
animation of managers of airports platforms in France and
abroad;
- the setting up of 10 "group" sectors business lines
each one around skills family systematically
taking into account the expertise related to innovation and
sustainable development. These business lines will operate in a
matrix mode with hierarchical connections, but also functional
ones. They will therefore contribute to the group's synergies
development;
- finally, the setting
up of a new coordination body focused on
development and performance. Groupe ADP
and TAV Airports' executive committees
remain unchanged, and a new "Development and
Performance Committee" is created, gathering 8 members belonging of
both companies.
Augustin de Romanet,
Chairman and CEO of Aéroports de Paris SA - Groupe
ADP, said: "This more integrated way
of works will be done in compliance with the governance bodies of
the various companies and will allow to set up all the partnerships
with others players (public authorities, stakeholders, employees,
airlines and outsourcers) serving a common ambition for business
development, sustainable development, innovation and
attractiveness".
Augustin de Romanet, Chairman and CEO of
Aéroports de Paris SA - Groupe ADP, made the appointments of the
two managers of the departments thus
created:
Starting the 2 January 2020:
u Fernando ECHEGARAY
is appointed Deputy Executive Officer, in
charge of Operations Groupe ADP, member of the Executive
Committee.
He joined Groupe ADP in June 2017 and held
previously the job of CEO of ADP International.
u Xavier
HÜRSTEL is appointed Deputy Executive
Officer of Groupe ADP, in charge to coordinate the
development operations of Groupe ADP, member of the Executive
Committee.
As
part of Groupe ADP's strategy, Xavier Hürstel will
be in charge of coordinating the
development projects for all of the group's activities and
components, with the Chairman and CEO. He
will bring his experience in international development in
BtoB and BtoC, trading in complex and regulated environments and
business transformation with a strong public interest and social
impact dimension. He will be in charge of the coordination of the
development projects for the group.
In order to replace Fernando Echegaray, his
appointment as CEO will be proposed to the board of Directors of
ADP International, and as Chairman to the board of Directors of ADP
Ingéniérie.
About Fernando
Echegaray
Spanish citizen aged 60, Fernando
Echegaray holds an industrial engineering degree from the
Polytechnic University of Catalonia and a computer engineering
degree from the University of the Balearic Islands. He also
graduated with a degree in business management and administration
from the IESE Business School.
He held several management positions within the
Spanish airport operator AENA. From 1985 to 1999, he was Deputy
Director of Palma de Mallorca airport. In 2000, he became Chief
Operating Officer in the Grupo Aeroportuario del Pacifico in
Mexico.
From 2003 to 2004 he was Deputy CEO of Tenerife
South airport, then from 2004 to 2006 he was Deputy CEO of the
Canary Islands airports. He was Deputy CEO of Barcelona-El Prat
international airport from 2006 to 2012. Since 2012 he has been
Director of the Spanish airport network at AENA.
Fernando Echegaray joined Groupe ADP in June
2017 as Chief Operations Officer at ADP International, before to be
Chief International Officer at Groupe ADP.
About Xavier
Hürstel
Aged 50, a graduate of the IEP (French
Political Studies Institute) in Paris and Paris-Dauphine
University, former student of ENA (French National Administration
School), Xavier Hürstel has held senior management positions in
corporate companies for over ten years, after spent fifteen years
in the service of the French State.Xavier Hürstel
started his career as a civil administrator in the Budget
Department, where he notably dealt with social policies over public
companies and was a member of the French negotiating delegation of
the Stability Pact (1995-1999). He then
joined the France's representation for the European Union
(EU) in Brussels and was Chairman of the Budget Committee of the
Council of the EU (1999-2002).Between 2002 and
2006, he was advisor within the cabinet of several Ministers of
Economy, Finance and Budget, also within the French Prime Minister
Offices in the cabinet of Jean-Pierre Raffarin, and then Dominique
de Villepin.In 2008, he joined the PMU (French
horse betting company) as Chief Operating Officer, and became
Chairman and CEO in 2014. He has deployed a deep digital
transformation of the company in the context of the opening of the
online gaming market, and supported the strong international
expansion of the company. In 2017, he joined
the Sopra Steria consulting and technology group, as executive
director where he sponsored all of the Group's public sector
activities in Europe as well as the transformation of Marketing,
Communication and CSR functions.
Press contact: Lola Bourget, Head of
Medias and Reputation Department +33 1 74 25 23
23Investor Relations: Audrey Arnoux, Head of
Investor Relations +33 1 74 25 70 64 -
invest@adp.fr Groupe ADP develops and manages
airports, including Paris-Charles de Gaulle, Paris-Orly and
Paris-Le Bourget. In 2018, the group handled through its brand
Paris Aéroport more than 105 million passengers and 2.3 million
metric tonnes of freight and mail at Paris-Charles de Gaulle and
Paris-Orly, and more than 176 million passengers in airports abroad
through its subsidiary ADP International. Boasting an exceptional
geographic location and a major catchment area, the Group is
pursuing its strategy of adapting and modernizing its terminal
facilities and upgrading quality of services; the group also
intends to develop its retail and real estate businesses. In 2018,
group revenue stood at €4,478 million and net income at €610
million.Registered office: 1, rue de France, 93 290
Tremblay-en-France. Aéroports de Paris is a public limited company
(Société Anonyme) with share capital of €296,881,806. Registered in
the Bobigny Trade and Company Register under no. 552
016 628.
groupeadp.fr
- Aéroports de Paris SA- Groupe ADP gets a new organization to
optimize its performance and expansion
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