IAADFS elects new board; René Riedi to serve another year as Chairman

René Riedi: To serve a further year as Chairman

USA. The International Association of Airport and Duty Free Stores (IAADFS) has voted in a new board of directors, whose terms began on 1 July.

The following members were elected as officers by the Board of Directors, the governing body of IAADFS, and each will serve a one-year term:

  • Chairman: René Riedi, Dufry
  • Vice Chairman: Enrique Urioste, Dufry
  • Treasurer: Padraig Drennan, Stellar Partners, Inc.

The following were re-elected to the Board, with each serving a three-year term:

  • Philip Hancock, 3Sixty Duty Free
  • Erasmo Orillac, Motta Internacional, SA
  • Enrique Urioste, Dufry

“This has been an extraordinarily challenging time for everyone involved in our industry,” said IAADFS President and CEO Michael Payne. “IAADFS is fortunate to have a Board engaged and committed to managing through this difficult period and focused on ways to help support and prepare the industry for a recovery period.

“René [Riedi] has been particularly active in his role as Chairman and we are delighted he has agreed to serve in that role for another year.” Payne added. “He brings a unique and valuable perspective to our discussions and has broad experience within the industry. This has been a demanding time for him, yet he has remained totally focused on his volunteer role for which we are extremely grateful.”

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