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ARI Appoints Ronan McArdle Director Business Development

ARI is pleased to announce the appointment of Ronan McArdle to the new position of Director, Business Development

In this role Ronan will be responsible for delivering profitable travel retail business for ARI by implementing the company’s business development strategy on a global basis, identifying new commercial opportunities and developing existing operations and relationships. He will report to ARI CEO, Jack MacGowan.

“This is an important strategic appointment for ARI as the company seeks to develop its operations in the Middle East and North America and to expand its presence in high-growth markets such as India and China,” said Jack MacGowan.

“We are delighted to have secured someone of Ronan’s experience in identifying significant commercial opportunities and delivering sustained returns from consumer-focused, service businesses. ARI intends to maintain and grow its position as a leading  travel retailer and Ronan’s appointment represents a key addition to our team in this context.”

Ronan, who is from Ireland, began his career in the investment banking sector with BT Capital in London, where his corporate finance and business development experience was gained principally in the entertainment and hospitality industries.

He subsequently became Principal Director of CG Ventures where corporate finance transactions included successful bids for airport retail concessions and significant deals in the European hotels sector.

Most recently, Ronan has been a member of the senior management team that acquired the former Great Southern Hotels at Dublin, Shannon and Cork Airports.

January 23, 2012

Information:

Vincent Wall   + 353 87 686 0727

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