Posted on: 04 November 2015 by Ross McSweeny
SITA has confirmed that it has begun the process of seeking a new CEO with the news that, after 13 years leading the company, Francesco Violante is to step down in the second half of 2016.
Violante is credited with transforming SITA from a pure network based company to one that provides a complete portfolio of IT solutions for airlines, airports and government agencies across the globe. The announcement comes against a backdrop of a strong financial position for the company – debts are minimal, consolidated revenues were US$1.7 billion in 2014, which also recorded year-on-year incremental growth.Dr Omar Jefri, chair of the SITA Board and executive vice president Corporate Management & Regulations at Saudi Arabian Airlines said, “Over the past decade Francesco has positioned SITA as a leader in IT technology in the air transport industry (ATI) and has successfully steered the organisation during a time when technology is rapidly changing the way we travel. On behalf of the SITA Board, I would like to thank Francesco for his dedication and for his vast contribution to the industry. The Board looks forward to his continued strong leadership until his successor is named.”Jappe Blaauw, president of the SITA Council and KLM’s chief tansformation officer added, “Francesco has been instrumental in transforming SITA by turning the organisation into the leading provider of IT solutions for the ATI today, delivering value to our 430 members as well as the nearly 2,000 airlines and airports around the globe.”