Michael Payne will continue to be involved in the association’s advocacy, governance and content activities.

Michael Payne is stepping back as President and CEO of the International Association of Airport and Duty Free Stores (IAADFS), it has been announced.

The industry veteran will continue to serve as Chief Advisor to the Board on matters of advocacy, governance and programme content while shifting away from day-to-day operations involving membership services, budgets and related areas.

“As we go through some of our scheduled strategic changes and redefining our scope as an organisation, we want to be able to take advantage of his knowledge and relationships and are pleased to have his continued involvement and support,” said IAADFS Chairman Rene Riedi.

“We plan to have Michael actively participating in Cannes to focus on his areas of responsibility and helping to promote the next Summit.”

Executive Director Steven Antolick will continue to manage the operational requirements of the association, including membership development, budgets and Summit meeting requirements, via the association’s contract with management firm Smithbucklin.

‘Fresh approach’

Payne added: “I feel this is a really good solution as we go through this transition period. This conversation started back before Covid, which of course changed everything, and it clearly wasn’t a good time to make any major staff adjustments.

“We now have an energised Board with a number of new members from both the supplier and operator side who have an appreciation and understanding of what changes need to be made to better serve our members and reflect the rapidly changing nature of our industry. It’s a perfect time for new leadership and new thinking. I’m grateful for the opportunity to stay involved but recognise it’s time to welcome a fresh approach.”