Julián Díaz: “With the new organisation we are ready to capture future opportunities and further increase profitability”

INTERNATIONAL. Dufry has revealed a new organisational structure, led by a reduced-in-size Global Executive Committee. The move takes immediate effect. The company said that the simplified structure “will improve speed of decision making and time to market, drive efficiencies and foster the delivery of shareholder value through acceleration of growth and digital transformation”.

The new organisation replaces the former Group Executive Committee. The new-look Global Executive Committee (GEC) includes:

*Group CEO Julián Díaz

*Deputy Group CEO José Antonio Gea (a new role, including HR and IT)

*Chief Financial Officer Andreas Schneiter

*Chief Corporate Officer Luis Marin

*General Counsel Pascal Duclos

*CEO Operations and Strategy Eugenio Andrades (a new role)

*Global Marketing and Digital Innovation Director Javier Gonzalez (a new appointment)

A newly created Divisional Executive Committee will include Divisional CEOs Pedro Castro, Andrea Belardini, René Riedi, Joe DiDomizio and General Manager Brazil and Bolivia Gustavo Fagundes, as well as Jordi Martin Consuegra, who will all leave the former Group Executive Committee (GEC). In Division 2, Fred Creighton has been appointed as Divisional CEO UK and Western Europe and will join the Divisional Executive Committee.

Joe DiDomizio (who leads the Hudson business) will report directly to the Group CEO.

All other members of the new Divisional Executive Committee will report to Eugenio Andrades, who is named to the new position of CEO Operations and Strategy. Former GEC member Jordi Martin Consuegra takes up a new role in Division North America.

As part of the reorganisation, the businesses in Eastern Europe (Russia, Kazakhstan, Armenia, Serbia and Bulgaria) will move from Division 2, UK and Central Europe. They will be overseen by Andrea Belardini, who heads Division 3, comprising Eastern Europe, Middle East, Asia and Australia.

Julián Díaz said: “The new simplified group organisation will further improve the speed of decision making, allowing us to be closer to the market. With the new organisation we want to drive efficiencies and to focus on delivering shareholder value, in particular through acceleration of growth and digital transformation. With the new organisation we are ready to capture future opportunities and further increase profitability.”

How the new Dufry leadership structure looks today