Indian Transport & Logistics
Aviation

Swissport's Eric Born extends contract till end of 2020

July 30, 2019: Eric Born, president and CEO of Swissport International AG will continue in his post after agreeing to extend his contract subject to the company’s successful completion of its debt refinancing by September 30, 2019.

Born was due to leave the company at the end of 2019, but he will now stay on till the end of 2020.
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Born was due to leave the company at the end of 2019, but he will now stay on till the end of 2020.

July 30, 2019: Eric Born, president and CEO of Swissport International AG will continue in his post after agreeing to extend his contract subject to the company’s successful completion of its debt refinancing by September 30, 2019. Swissport recently announced its plans for refinancing of certain outstanding debt of Swissport Group S.à r.l., an indirect parent company of Swissport International AG.

Born was due to leave the company at the end of 2019. But he will now stay on till the end of 2020.

The contract extension and the refinancing will ensure strategic continuity and financial stability. After a successful 2018 business year, this is a signal of continuity for Swissport’s customers, its employees, partners and investors.

Born has been serving as the president and CEO since August 2015. He has a strong track record in creating value in private equity owned and publicly listed organisations 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.

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