IRELAND. ARI Chief Executive Jack MacGowan is to step down from his position at the end of the month to pursue a new opportunity.
ARI Chief Financial Officer Anthony Kenny will become Acting CEO of ARI until a new Chief Executive is appointed.
daa Chief Executive Dalton Philips thanked MacGowan for his contribution to ARI and to daa, the owner of ARI, over the past 13 years and wished him well for the future.
“Although I have only worked with Jack for the past seven months, I know that he has had a huge impact on our business, both with ARI and before that, as daa’s Chief Commercial Officer,” he said.
“ARI is a hugely important part of the wider daa family and during this period of change, I and the other members of my team will be working closely with the ARI management team, our partners overseas, our staff and our suppliers to ensure a seamless transition both in Ireland and overseas.”
MacGowan has been ARI Chief Executive since July 2011. During that time, in tandem with its local partners, ARI has won new contracts in locations such as Abu Dhabi, Indonesia, New Zealand and Saudi Arabia. It has also retained existing key contracts in Oman and Beirut.
During that period ARI also completed its largest ever acquisition when it bought a 50% stake in the Cypriot travel retail business CTC-ARI to bring the company fully under ARI control.
As reported, ARI posted an +8% year-on-year increase in profits across its international retail operations in 2017. Click here for the full story and for MacGowan’s reflections on the company’s agenda for 2018.
