Swissport International AG President & CEO extends contract until the end of 2020
July 31, 2019: Eric Born, president & CEO of Swissport International AG, who was due to leave the company at the end of 2019, has agreed to extend his contract subject to the company’s successful completion of a planned debt refinancing by September 30, 2019.
The ground handler and cargo handling company informed that the contract has been extended for a further year to the end of 2020.
Following the announcement of plans for a refinancing of certain outstanding debt of Swissport Group Sarl, an indirect parent company of Swissport International AG, Born agreed to extend his contract.
The contract extension and the refinancing will ensure strategic continuity and financial stability, enabling Swissport to further consolidate its leading market position.
Eric Born has been serving as the president & CEO since August 2015. He has a strong track record in creating value in private equity owned and publicly listed organizations across retail, logistics and aviation services.
During his tenure, he and his management team have continuously extended Swissport’s global leadership by driving organic growth and through targeted acquisitions, while streamlining the structure and improving the result.