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Air Canada Announces the Retirement of EVP and Chief Financial Officer Amos Kazzaz

Air Canada has announced the retirement of Executive Vice President and Chief Financial Officer Amos Kazzaz. Effective July 1st, 2023, Mr. Kazzaz will be succeeded by John Di Bert, who currently serves as CFO of Clarios International, Inc.

Air Canada's Executive Vice President and Chief Financial Officer Amos Kazzazz to Retire Effective July 1st, 2023 - Courtesy Air Canada

On Tuesday (April 11, 2023), Air Canada announced the retirement of Executive Vice President and Chief Financial Officer Amos Kazzaz. Effective July 1st, 2023. Mr. Kazzaz will be succeeded by John Di Bert, who currently serves as CFO for Clarios International, Inc.

In Tuesday’s announcement, Air Canada’s President and Chief Executive Officer, Michael Rousseau, said,

“During his 13-year career at Air Canada, Amos has held the two most senior financial roles, and has made a tremendous contribution to the overall success of our company. He has been a strong partner to me and a positive representative of Air Canada to many external stakeholders.

“Helped by Amos’ guidance and decisions, Air Canada has made material progress in many areas, including fleet management, cost reduction and efficiency, and business and strategic planning and execution. He also played a leadership role in strengthening our balance sheet and cash flow, positioning us to withstand COVID's impact and ensure we had the resilience to spring back quickly by allowing us to invest for our future growth. Almost as much as his financial and leadership skills, his sense of humour, energy level and commitment will be missed by everyone at Air Canada, who all join me in wishing Amos a long, happy retirement.

“I am pleased to also announce that John Di Bert will be our new Executive Vice President and Chief Financial Officer effective July 1. John has extensive experience in both aerospace and senior leadership roles. He has served as CFO for both Bombardier and Pratt & Whitney Canada. He also brings varied and extensive experience, as during his career he has managed total enterprise performance, executed M&A strategies, undertaken debt and equity capital markets transactions, and led strategic planning.

“We are excited to have attracted someone of his calibre to help lead Air Canada to realize its full potential following the pandemic. A native of Montreal, John will join Air Canada May 1 to allow for an effective transition. On behalf of all employees, I welcome John to Air Canada and look forward to working closely with him.”

Air Canada's Incoming Chief Financial Officer John Di Bert - Courtesy Clarios

Air Canada is Canada’s largest domestic and international airline. The Canadian flag carrier is a founding member of the Star Alliance and the only international network carrier in North America to receive a Four-Star ranking from Skytrax. Air Canada provides scheduled passenger service to 180 airports in Canada, the United States, and internationally on six continents. Through the carrier’s Aeroplan loyalty program, customers can earn and redeem points on the world’s largest airline partner network of 45 airlines. Air Canada Cargo offers air freight lift and connectivity to hundreds of destinations across six continents with a dedicated fleet of 767-300 Freighters and passenger aircraft belly hold capacity. Additionally, the airline has committed to a net zero emissions goal from all global operations by 2050.

Source: Air Canada/CNW

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