ARI Chief Executive To Step Down
ARI Chief Executive Jack MacGowan is to step down from his position at the end of the month to pursue a new opportunity.
ARI, which is wholly owned by daa, is an award-winning global travel retail business that owns and manages duty free and duty paid retail outlets in Europe, North America, the Middle East, Asia, and New Zealand.
Until a new Chief Executive is appointed, ARI’s Chief Financial Officer Anthony Kenny will be Acting CEO of ARI.
daa Chief Executive Dalton Philips thanked Mr MacGowan for his contribution to ARI and to daa over the past 13 years and wished him well for the future.
“Although I have only worked with Jack for the past seven months, I know that he has had a huge impact on our business, both with ARI and before that, as daa’s Chief Commercial Officer,” Mr Philips said.
“ARI is a hugely important part of the wider daa family and during this period of change, I and the other members of my team will be working closely with the ARI management team, our partners overseas, our staff and our suppliers to ensure a seamless transition both in Ireland and overseas.”
Mr MacGowan has been ARI Chief Executive since July 2011. During that time, in tandem with its local partners, ARI has won new contracts in locations such as Abu Dhabi, Indonesia, New Zealand and Saudi Arabia. It has also retained existing key contracts in Oman and Beirut.
During that period ARI also completed its largest ever acquisition when it bought a 50% stake in the Cypriot travel retail business CTC-ARI to bring that company fully under ARI control.