International Airlines Group (IAG) today announced changes to its senior management team effective from the beginning of April 2024. Marco Sansavini has been appointed CEO and Chairman of Iberia, moving from his current role as CEO of Vueling.
Fernando Candela, who was appointed as interim CEO of Iberia in May 2023, will step down as CEO of Iberia. He will continue as CEO of Level. Carolina Martinoli will become the CEO and Chair of Vueling, moving from her current role as IAG Chief People, Corporate Affairs and Sustainability Officer
Announcing the changes on the same day as IAG’s Full Year results and during the analysts’ presentation in London, IAG CEO Luis Gallego commented:
“Today IAG is announcing very good results for 2023, more than doubling operating margin and profits compared to 2022. With these changes to our Management Committee, we will continue to execute on our strategic priorities, to transform our businesses and to deliver sustainable growth and world-class margins.”
“It is a testament to the strength of the talent and experience of IAG’s senior management that we have been able to make these appointments internally, from leaders already on the Management Committee. This depth of experience in senior leadership is a benefit of our Group structure.”
“Both Marco and Carolina have already made a significant impact in IAG’s transformation and I know that they will continue to deliver results in their new positions. I would like to pay particular tribute to Fernando Candela who stepped in to take leadership of Iberia in May 2023, after having set-up the Group-wide transformation programme. At Iberia, he closed the handling agreement, which is important for the future of the company.
“Our Spanish businesses are both performing very well and are positioned to take advantage of growing traffic to Latin America from Europe as well as the valuable intra-European aviation market.”
Commenting on his new appointment, Marco Sansavini said:
«The last three years have been the most intense and exciting of my professional life, so I want to thank the great team at Vueling for working to make the company stronger and more resilient than ever. It is an honour for me to take over from Fernando Candela at the helm of Iberia and I will dedicate myself, together with all the people who are part of this great company, to continuing to build its future.”
Commenting on her new appointment, Carolina Martinoli said:
“Vueling is a vibrant and innovative airline and it will be my honour to succeed Marco as they enter their twentieth year as a company. I look forward to working with the talented team at Vueling as we build the next chapter of the airline. I would like to thank Luis for his support and guidance and my team at IAG for the progress we have made over the past three years.”
