Page 19 - AHATA
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                                                                                                                           Monday 25 March 2019































































            After successful completion of 5 year employment agreement with AAA:

            James Fazio is ready to prepare the next CEO for the company


                                                                      ORANJESTAD  –  The  Aruba  not to stay another 5 years,  ners  and  to  provide  the
                                                                      Airport Authority N.V. (AAA)  and  based  on  personal  best  leadership  possible
                                                                      CEO  Mr.  James  Fazio  just  reasons, I wish to be closer  to  the  company:  “I  want
                                                                      announced  his  personal  to  family  and  friends,  and  to  emphasize  that  I  thor-
                                                                      decision to leave the posi-  resume my career back in  oughly enjoyed my time in
                                                                      tion as CEO of AAA effec-    New  York.  Royal  Schiphol  Aruba  and  am  thankful  to
                                                                      tive at the end of his current  Group has identified a can-  the  Government,  partners,
                                                                      employment     agreement;  didate  as  my  successor,  stakeholders,  staff  and  ev-
                                                                      which is August 31st, 2019.   and in the next week or so,  eryone who I worked close-
                                                                                                   the  new  CEO  will  visit  Aru-  ly  with  in  such  a  profes-
                                                                      Mr.  Fazio  has  served  as  ba  and  be  introduced  to  sional and respectful way. I
                                                                      AAA’s  CEO  for  the  past  5  the  Shareholder,  Supervi-  feel honored to have been
                                                                      years, and during that time,  sory Board, and AAA staff.”  trusted to lead Aruba’s na-
                                                                      among  other  accomplish-    This  has  been  a  carefully  tional  airport  for  the  past
                                                                      ments,  has  provided  the  planned  transition,  which  5  years  and  I  will  continue
                                                                      leadership  and  guidance  will allow for a 4 to 5 month  to  be  100%  committed  to
                                                                      for  the  airport’s  Gateway  transition,   and   properly  AAA  during  the  rest  of  my
                                                                      2030  expansion  project.  prepare  the  new  CEO  for  time  here;  as  we  still  have
                                                                      Mr.  Fazio  commented  on  the upcoming construction  several  important  project-
                                                                      the  timing  of  the  decision:  project and the leadership  related  milestones  to  cross
                                                                      “The  airport  is  transition-  role of the airport.      in the coming months.”
                                                                      ing  from  the  planning  to  During his 5 years at AAA, it  AAA thanks Mr. Fazio for his
                                                                      the  construction  phase  of  was  a  priority  for  Mr.  Fazio  efforts  to  further  develop
                                                                      the Gateway 2030 project,  to ensure a good relation-     the  growing  airport  and
                                                                      which required the difficult  ship  and  open  communi-   wishes Mr. Fazio all the best
                                                                      decision  as  to  whether  or  cation with all airport part-  in his next career goals. q




                                                                                                                linda.reijnders@cspnv.com
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