Amadeus has a new Spanish boss with Luis Maroto taking over as president and CEO of the travel technology giant from David Jones.
A succession plan for former deputy CEO Maroto to head the company was originally announced a year ago.
He has been working with Jones and the company’s executive team to ensure a smooth transition and succession in the interim period.
Maroto has worked for Amadeus for 11 years in a number of positions including chief financial officer.
As deputy CEO, he was instrumental in Amadeus’ return to the stock market with the company’s IPO last April 2010 and the inclusion in Spanish blue-chip index IBEX-35, where the company is debuting today.
Maroto said: “On behalf of all the Amadeus employees I would like to thank David for his commitment and leadership over the last years.
“It is an honour for me to take on the position of president and CEO of Amadeus and I take up this challenge with huge enthusiasm and look forward to working with our customers, employees and investors in this exciting and growing industry.
“I am confident that, alongside the company’s outstanding team of professionals, we will ensure that Amadeus continues to be a great company to do business with and continues to lead innovation in the travel and tourism industry.”