Avianca Holdings S.A. today announced that Hernán Rincón Lema has notified the Avianca Holdings Board of Directors that he plans to retire from the Company effective April 30, 2019 after three years serving as the Company’s Chief Executive Officer.
Mr. Rincón’s announcement, which was made upon completion of his third year as Avianca’s CEO, is aligned with the Company’s ongoing long-term strategic and organizational development program, as part of a planned transition. Mr. Rincón joined Avianca to lead the Company’s transformation process, which he has successfully accomplished, contributing to Avianca Holdings strategic evolution and positioning the Company for continued success for the next century ahead.