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[Avionics Today 11-04-2015] SITA today announced that CEO Francesco Violante will step down in the second half of 2016 after more than 13 years at the helm of the aviation technology company. A global search for Violante’s successor is currently under way.
SITA CEO Francesco Violante. Photo: SITA.
“Over the past decade, Francesco has positioned SITA as a leader in IT technology in the Air Transport Industry (ATI) and has successfully steered the organization during a time when technology is rapidly changing the way we travel,” said Omar Jefri, chair of the SITA board and executive vice president of corporate management and regulations at Saudi Arabian Airlines.
Violante is credited with transforming SITA from a pure network-based company to one that provides a complete portfolio of IT solutions for airlines, airports and government agencies across the globe. During his tenure, SITA has achieved a solid financial position with practically no debts and consolidated revenues of $1.7 billion in 2014, achieving year-on-year incremental growth.