CEO leaves Flughafen Zürich AG
The CEO of Flughafen Zürich AG, Stephan Widrig, will step down from his post at the end of April next year and move to the real estate holding company Allreal as CEO. He was a member of the management team for almost 15 years. The process to identify a successor is now underway.
Flughafen Zürich AG is facing a change in its leadership: CEO Stephan Widrig is stepping down from his post at the end of April after 23 years with the company. According to a media release, he will take over as CEO of Allreal Holding AG from May 1, 2023. During his tenure at Flughafen Zürich AG, Widrig was in charge of real estate management and, as a member of the Executive Board, was responsible for all non-aviation business areas, including real estate. At Allreal, he succeeds Roger Herzog, who announced his resignation earlier in the day, according to a statement.
“After almost 15 years on the executive board of Flughafen Zürich AG and in my ninth year as CEO, it seems sensible to me to pass on the management baton,” Widrig is quoted as saying. “The timing is favorable as all business units are in stable and competent hands, the pandemic is well overcome and the strategic focus for the next years is clear.”
As Flughafen AG points out, the company has experienced strong growth phases under Widrig’s leadership. He said he successfully diversified the business model and led the airport “safely and economically independently through the historically unprecedented crisis in aviation caused by the Corona pandemic.”
Chairman of the Board of Directors Andreas Schmid thanks Widrig for his “great, dedicated and long-standing commitment”. Flughafen AG now intends to initiate the process to identify a successor.