Dufry’s Rene Riedi re-elected IAADFS Board Chairman until June 2023

By Faye Bartle |

René Riedi, Division CEO - Latin America, Dufry

René Riedi, Central and Latin America Executive Advisor at Dufry America.

The International Association of Airport and Duty Free Stores (IAADFS) Board of Directors  has re-elected Dufry’s Rene Riedi to serve another term as Chairman of the Board.

Riedi’s new term will run to June 2023. The Central and Latin America Executive Advisor at Dufry America was first elected Chairman in 2019.

“It is an honour to be chosen by my peers to continue serving in the role of Chairman of IAADFS,” said Riedi. “I deeply appreciate the dedication of my fellow Board members in devoting time as volunteer leaders for the organisation.”

“Rene has been a real asset while serving as the Board Chairman,” added IAADFS President and CEO Michael Payne.

“We have all benefited from his thoughtful approach to challenges and his steady leadership, especially during the pandemic and as we have been working through the recovery.”

IAADFS President and CEO Michael Payne

IAADFS President and CEO Michael Payne.

The Board also elected Padraig Drennan of Stellar Partners, Inc. to serve in the position of Vice-Chairman and Erasmo Orillac of Motta Internacional, S.A. to serve as Treasurer and Audit Chair.

Prior to officer elections, the concessionaire members of IAADFS re-elected Riedi as well as Nuno do Amaral of Aer Rianta International and Michael Halpern of International Shoppes to serve as members of the Board of Directors.

As reported, earlier this month IAADFS announced a shift forward in dates for its 2023 Summit of the Americas which is now taking place from 16-19 April 16-19 in West Palm Beach.

The m1nd-set global traffic analysis released in June 2022, which hones in on how traffic has evolved since before the pandemic (between the first quarter of 2019 to Q1 2022), showed that, in North America, Q1 2022 domestic departures were at 88% of Q1 2019 departures and international departures reached 57%.

A number of airports in the Americas experienced a positive change in the worldwide rankings for international departures, according to the data, with Cancun rising from 42nd to 9th position, with a 103% recovery rate on Q1 2019 traffic.

New York JFK climbed from 21st to 10th place and Miami from 29th to 11th position.

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