Amadeus confirms commitment to R&D with landmark appointment of Hervé Couturier
Amadeus today announces the appointment of ex-SAP Executive Vice President Hervé Couturier as Executive Vice President of Development. Couturier, who brings with him some 25 years of international software development experience gleaned from previous high-profile roles at SAP, IBM and Business Objects, will head up Amadeus' 4,500+ strong software development organisation across its 15 different sites worldwide.
• Couturier, formerly Executive Vice President of SAP’s Technology Group, becomes Executive Vice President of Development at Amadeus, whilst Jean-Paul Hamon is set to retire after 20 years in the role
• Amadeus is a major investor in technology R&D with €2 billion invested since 2004
Madrid, 11 July 2012: Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, today announces the appointment of ex-SAP Executive Vice President Hervé Couturier as Executive Vice President of Development.
Couturier, who brings with him some 25 years of international software development experience gleaned from previous high-profile roles at SAP, IBM and Business Objects, will head up Amadeus’ 4,500+ strong software development organisation across its 15 different sites worldwide.
At the same time, Jean-Paul Hamon is now set to retire after more than two decades in the role of Head of Development at Amadeus.
Hervé Couturier, Executive Vice President of Development says: “I am delighted to be joining Amadeus and my challenge is to continue to push the boundaries of innovation whilst maintaining Amadeus’ position of technology leadership and customer driven innovation and excellence; both of which are key drivers for Amadeus’ continued success”.
Luis Maroto, CEO and President, Amadeus says: “Hervé has a strong understanding of software development, including product strategy, planning and delivery; coupled with an incredibly successful track record in integrating new businesses and managing the expansion of complex solution portfolios. I am delighted to welcome him to Amadeus and I look forward to working closely with him”.
Maroto continues: “At the same time I would also like to place on record my sincere gratitude and thanks to Jean-Paul for the fantastic role he has performed for the past two decades as Head of Development at Amadeus. Jean-Paul oversaw many ‘firsts’ at Amadeus globally and he has made an instrumental contribution to our current standing in the world. We wish him a long and happy retirement”.
In 2011 Amadeus was listed as the number one R&D investor in Europe for computer services and travel & tourism sectors by the European Commission. The 2011 EU Industrial R&D Investment Scoreboard, an annual report published by the EC, examined the largest 1,000 European companies investing in R&D during 2010 and ranked them according to the total amount invested. In 2011, Amadeus invested in excess of €340 million representing around 12.7% of consolidated revenues. Innovation is one of the drivers behind Amadeus’ progress and growth, which has allowed the company’s technology to achieve an outstanding competitive position within the market: total investment since 2004 stands at more than €2 billion, reflecting a consistent investment every year. Amadeus has fifteen R&D centres around the world (Nice, London, Sydney, Antwerp, Aachen, Frankfurt, Boston, Miami, Toronto, Strasbourg, Tucson, Bangalore, Bogota, Warsaw and Bangkok), which currently house a team of over 4,500 people.
Hervé Couturier joined Amadeus on May 1st, 2012 and has officially assumed responsibilities from Jean-Paul Hamon on July 2nd 2012 following the conclusion of this well-planned handover period.
Notes to the editors
Amadeus is a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry.
Customer groups include travel providers (e.g. airlines, hotels, rail, ferries, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and individual travellers).
The group operates a transaction-based business model and processed more than 947 million billable travel transactions in 2011.
Amadeus has central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations – data processing centre) and regional offices in Miami, Buenos Aires, Bangkok and Dubai. At a market level, Amadeus maintains customer operations through 73 local Amadeus Commercial Organisations covering 195 countries.
Amadeus is listed on the Madrid, Barcelona, Bilbao and Valencia stock exchanges and trades under the symbol “AMS.MC”. For the year ended December 31, 2011 the company reported like-for-like revenues of €2,712 million and EBITDA of €1,039 million. The Amadeus group employs around 10,000 people worldwide, with 123 nationalities represented at the central offices.
To find out more about Amadeus please visit www.amadeus.com
To visit the Amadeus Investor Relations centre please www.investors.amadeus.com
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