Amadeus announced that Luis Maroto, former deputy CEO of Amadeus, has replaced David V. Jones as president and CEO of the company.
The succession plan for Maroto to become president and CEO was originally announced in January 2010. Since then Maroto has been working closely with Jones and the Amadeus executive team to ensure a smooth transition and succession.
Maroto has worked for Amadeus for 11 years in a number of positions, including CFO. For the last two years, as deputy CEO, he has helped Amadeus return to the stock market with the company’s IPO in April 2010 and its subsequent inclusion in Spanish blue-chip index IBEX-35, where the company is debuting today.
“On behalf of all Amadeus employees, I would like to thank David for his commitment and leadership over the years," said Maroto. "It is an honor for me to take on the position of President & 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.”
From January 2009 to December 2010, Maroto served as deputy CEO of Amadeus, with global responsibility for the strategy of the company from the financial, internal audit, legal and human resources perspectives.
Maroto joined Amadeus in 1999 as director of marketing finance. In that role, he helped support Amadeus’ commercial organization throughout its international expansion and consolidation, supervising the strategic and financial control of over 50 Amadeus subsidiaries around the world.
He was promoted in 2003 to chief financial officer (CFO), taking responsibility for the global Amadeus Finance organization.
Prior to joining Amadeus, Maroto held several managerial positions at the Bertelsmann Group.
A Spanish citizen, Maroto holds a degree in Law from the Complutense University, Madrid, an MBA from the IESE Business School and further postgraduate qualifications from Harvard Business School and Stanford.