Appointment of Non-Independent Non-Executive Director
Geneva, 17 April 2019: Wizz Air Holdings Plc ("Wizz Air" or the "Company"), the largest low-cost airline in Central and Eastern Europe, today announces the appointment of Andrew S. Broderick to the Board of the Company as non-independent non-executive director with effect from 16 April 2019.
Andrew S. Broderick has been a Director of Indigo Partners LLC, a private equity fund focused on air transportation, since July 2008. Mr. Broderick has served on the board of directors of Frontier Airlines Holdings, Inc., an airline based in the United States, since January 2018 and JetSMART Airlines SpA, an airline based in Chile, since September 2018. Additionally, he has served as an alternate on the board of directors for Concesionaria Vuela Compañía de Aviación, S.A.B. de C.V., an airline based in Mexico doing business as Volaris, since July 2010. Prior to joining Indigo, Mr. Broderick was employed at a macroeconomic hedge fund and a stock-option valuation firm. Mr. Broderick holds a B.S. in Economics and a B.A. in Spanish from Arizona State University and a Masters of Business Administration from the Stanford Graduate School of Business.
At the same time, Mr. John R. Wilson has informed the Company of his decision to resign as a Director of the Company with immediate effect after more than 14 years' service, during which time he acted as the Company's non-independent non-executive director.
Commenting on the changes, William A. Franke, Chairman said today:
"I am delighted that Mr. Andrew S. Broderick has agreed to join the Board of Wizz Air. As Wizz Air moves into the next phase of its growth with the arrival of the game-changing Airbus A321neo aircraft and an orderbook of 254 new aircraft, his experience in aviation around the globe will bring added value and a valuable element to Board discussions.
At the same time, we bid farewell to John R. Wilson who is retiring from the Board. John has been with Wizz Air almost since the beginning and has helped to guide the company's vision and growth since that time as a valued and knowledgeable non-executive Director. He was an instrumental part of our listing and continued to lend his expertise as we developed as a public company. We thank him for his significant contribution over the last 14 years."
In accordance with Listing Rule 9.6.15, Wizz Air confirms that there is no further information to be disclosed under the requirements of Listing Rule 9.6.13R in relation to the appointment of Andrew S. Broderick.
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For more information:
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Evelin Horvath, Wizz Air
+41 22 555 9863
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Tamara Vallois, Wizz Air:
+36 1 777 9324
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Edward Bridges / Jonathan Neilan, FTI Consulting LLP:
+44 20 3727 1017
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