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Amadeus’ Shareholder General Meeting approves theappointment of Luis Maroto as Executive Director

The Shareholder General Meeting (SGM) of Amadeus, a leading technology partner for the global travel industry, approved today the proposals presented by the Board of Directors.

These included shareholder remuneration, the incorporation of Mr. Luis Maroto to the Board of Directors as Executive Director, and the appointment and re-election of other Board Members.

26/06/2014.

 

The appointment of Luis Maroto to the Board of Directors will not change his role and duties as the top executive of the company
Amadeus allocates 50% of the year 2013’s consolidated profit to dividends, the maximum pay-out percentage established
A complementary dividend of €0.325 per share will be paid on 29 July


Madrid, 26 June 2014: The Shareholder General Meeting (SGM) of Amadeus, a leading technology partner for the global travel industry, approved today the proposals presented by the Board of Directors. These included shareholder remuneration, the incorporation of Mr. Luis Maroto to the Board of Directors as Executive Director, and the appointment and re-election of other Board Members.
 
The SGM approved the appointment of Mr. Luis Maroto to the Board of Directors as Executive Director for a period of three years. This appointment does not represent any changes to his current duties as President & CEO.
 
The SGM also approved the re-election of Mr. José Antonio Tazón, Chairman of the Board of Directors of Amadeus, as Independent Director; the appointments of Mr. Roland Busch as Proprietary Director representing Malta Pension Investments, and Mr. Marc Verspyck as Proprietary Director representing Air France Finance. Following the appointments, confirmations and re-elections detailed in the Meeting’s Agenda, Amadeus’ Board of Directors will be structured as follows:
  • Mr. José Antonio Tazón, Chairman, Independent Director
  • Mr. Guillermo de la Dehesa, Vice-Chairman, Independent Director
  • Dame Clara Furse, Independent Director
  • Mr. Francesco Loredan, Independent Director
  • Mr. Stuart McAlpine, Independent Director
  • Mr. Pierre-Henri Gourgeon, Director in the “external others” category
  • Mr. Roland Busch, Proprietary Director representing Malta Pension Investments
  • Mr. Enrique Dupuy de Lome, Proprietary Director representing Iberia Líneas Aéreas de España Sociedad Anónima Operadora, S.A. Unipersonal
  • Mr. Marc Verspyck, Proprietary Director representing Air France Finance
  • Mr. Luis Maroto Camino, Executive Director
 
The dividend approved from the year 2013’s profit amounts to €280.2 million, equivalent to a final fixed dividend of €0.625 per share, and a 25% increase on 2012’s dividend. Furthermore, this dividend represents a 50% share of the consolidated profits from 2013 (the maximum percentage within the agreed range), resulting in an increase on the previous year’s pay-out ratio, which was 44.6%. An interim dividend of €0.30 per share was already paid on 31 January 2014, leaving outstanding a complementary dividend of €0.325 per share, which will be paid on 29 July 2014.
The full version of the agreements and complementary documentation (both in Spanish and English) relative to the SGM can be downloaded from this section of Amadeus’ website.
 
Notes to the editors:
 
Amadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers (e.g. airlines, hotels, rail and ferry operators, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and travel management companies).
The Amadeus group employs around 10,000 people worldwide, across central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations), as well as 71 local Amadeus Commercial Organisations globally.
 
The group operates a transaction-based business model.
Amadeus is listed on the Spanish Stock Exchange under the symbol “AMS.MC” and is a component of the IBEX 35 index.
 
To find out more about Amadeus please visit www.amadeus.com
 
Contact details
 
Amadeus IT Group
Malek Nejjai
Tel.: +34 91 582 01 60
mediarelations@amadeus.com
 
Grupo Albión
Sofía García – sgarcia@grupoalbion.net
Leticia Fajardo – lfajardo@grupoalbion.net
Tel.: +34 91 531 23 88