gategroup announces appointment of Christoph Schmitz as new Main Government Officer
Zurich, September 13, 2021. gategroup, the main world-wide airline catering and foodstuff products and services supplier, currently introduced that Xavier Rossinyol will step down as Main Government Officer productive November 1, 2021 to go after new problems outside of the airline marketplace. He will be succeeded by Christoph Schmitz, gategroup’s Chief Fiscal Officer due to the fact January 2015.
Xavier Rossinyol joined gategroup in April 2015 and led the organization by means of a sturdy growth phase with record year-on-12 months economical effects and navigated the advanced COVID-19 pandemic.
Involving 2015 and 2019, gategroup grew its revenues from CHF3bn to 5bn, enlarging its client base to 300+ world wide clients and growing its footprint to 200+ spots and its presence to 60+ nations around the world. In the program of this enlargement, the team integrated Servair in 2017 and LSG Europe in 2020 creating strategic partnerships with Air France and Lufthansa.
From a near-worldwide air travel shutdown in 2020, gategroup took decisive motion to protect its employees, consumers, and other stakeholders. With the support from the shareholders, creditors and bondholders, it completed a extensive financial restructuring of the group in 2021 and accelerated the expansion into adjacent, non-aviation marketplaces, drawing on its core competencies.
“Under Xavier’s management, gategroup has actually grow to be a world-wide food-targeted business and the globe leading inflight caterer, staying recognized for supplying the most impressive culinary and retail giving personalized to specific consumer demands in any marketplace they operate, persistently and proficiently. gategroup is uniquely positioned nowadays for the return of vacation and to provide new customers beyond aviation”, claimed Timo Vättö, Chairman of the Board of gategroup.
Christoph Schmitz joined gategroup as Chief Economical Officer and member of the Government Management Board in January 2015 with more than 20 yrs of encounter as a CFO at multinational providers. In his potential as Group CFO, Christoph has been associated in all essential strategic jobs of the group. He led the general public-to-personal possession changeover in 2016, the acquisitions of Servair and LSG Europe, the improvements of ownership in 2018 and 2019, and the restructuring initiatives in 2021 to safe the group’s financial position and develop a stronger, a lot more diversified portfolio for the foreseeable future. In addition, Christoph has led a sizeable consolidation of the group’s IT infrastructure and purposes landscape attaining substance effectiveness gains.
“Christoph’s contribution has been instrumental to push the current market consolidation system and protected the funding to allow gategroup weathering the disaster. The Board is assured that beneath Christoph’s leadership, the gategroup team will resume and speed up on its advancement path”, said Timo Vättö.
“I would like to congratulate Christoph to his appointment as gategroup’s CEO. He has been a crucial driver of the group’s achievements in excess of the previous 7 years with his talent, leadership, strategic wondering, dedication, and workforce centered technique. I want to thank our customers, companions, suppliers and banking companies for their guidance all together. Unique thanks to the Shareholders and the Board of Administrators. And a endlessly many thanks to the leadership team and to all workers. All what we have achieved is many thanks to them and our teamwork – my most personalized and expert regard. I am convinced that a new era of achievement commences for gategroup under the potent management of Christoph”, stated Xavier Rossinyol.
Xavier Rossinyol will continue to be with gategroup by January 2022, supporting the transition.
Media inquiries communications[at]gategroup.com
gategroup is the international chief in airline catering, retail-on-board and hospitality solutions and services. gategroup presents passengers with remarkable culinary and retail encounters, leveraging innovation and superior engineering methods. Headquartered in Zurich, Switzerland, gategroup provides operational excellence via the most ex-tensive catering community in the aviation market, serving additional than 700 million travellers every year from over 200 operating units in over 60 countries/territories throughout all continents. In 2019, gategroup attained CHF 4.9 billion in revenues generated by roughly 43,000 staff worldwide. For further more facts, make sure you check out www.gategroup.com
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