Air France-KLM announces that Group CFO Frédéric Gagey will be succeeded by Steven Zaat, current Air France Chief Financial...
06 Mai 2021 - 07:45AM
Air France-KLM announces that Group CFO Frédéric Gagey will be
succeeded by Steven Zaat, current Air France Chief Financial
Officer, on 1st July, 2021
Roissy, Amstelveen, 6 May 2021
Air France-KLM announces that
Group CFO Frédéric Gagey
will be succeeded by Steven
Zaat, current Air France Chief
Financial Officer, on 1st July,
2021.
Air France-KLM today announced that Group CFO
Frédéric Gagey (64) will retire and leave his current position as
of July 1st, 2021.
“I would like to express all my gratitude and
thanks to Frédéric Gagey for his deep contribution to
Air France-KLM, which he served with great talent and
dedication during the last 25
years” said Anne-Marie Couderc,
Chair of Air France-KLM Board of
Directors. “Successively
Managing Director and CFO of KLM (2005-2012), CFO of Air
France (2012-2013), Chairman and CEO of Air France Group
(2013-2016) and interim Air France-KLM Group CEO
(2018), Frederic is undeniably one of the architects of the
construction of our Group. He contributed to many of the Group’s
major successes and achievements, and helped it navigate through
periods of challenges and transformation.”
“I would like to warmly thank Frédéric, said
Benjamin Smith, CEO of Air France-KLM, for his
exceptional impact on Air France-KLM. He has played a key role in
his latest position as Group CFO, and in the exceptionally
difficult period we are still going through, he has been
instrumental in ensuring the financial survival of our group,
including through the negotiation and implementation of our
financial support plans and the latest recapitalization operation.
It is a privilege to work with Frédéric and to benefit from his
experience.”
Steven Zaat, currently serving as CFO of Air
France, will succeed Frédéric Gagey as Air France-KLM Group CFO, on
July 1st, 2021. Frédéric Gagey and Steven Zaat will work together
to conduct a seamless transition of responsibilities.
Steven Zaat has over 20 years of experience in
the airline industry. He joined KLM in 2000 where he held various
finance positions within the Engineering and Maintenance Division
and subsequently as VP Finance Alliances and Head of Audit, where
he was working closely with Mr. Gagey, then Managing Director and
CFO of KLM. In 2014, Steven joined the Air France-KLM Group, as VP
Finance & Control of the Engineering and Maintenance Division.
In 2015, he became SVP Corporate Control of Air France-KLM. He was
appointed CFO of Air France in July 2019. Steven Zaat holds a
degree in economics and business studies from Rotterdam’s Erasmus
University and a Certified Controller post-graduate diploma from
the Amsterdam Vrije University Controllers Institute.
“Steven is a strong leader whose broad
experience and extensive finance knowledge of the Group and its
airlines qualify him to lead our finance areas,” said
Benjamin Smith, “having had a variety of important roles
at KLM, Air France and Air France-KLM, Steven is perfectly
prepared and I have full confidence that he will be an
excellent CFO to ensure that Air France-KLM overcomes this crisis,
is prepared for the recovery and regains its leadership in the
industry.”
Air France-KLM Press Office - +33 (0)1 41 56 56 00 –
airfranceklm.com - @AirFranceKLM
- Press release Air France-KLM annonce que Frédéric Gagey sera
remplacé par Steven Zaat le 1er juillet 2021 ENG
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