Dufry AG announced that Julian Diaz, Chief Executive Officer and member of the Board of Directors of Dufry AG (Dufry), will step down from his position as Chief Executive Officer on May 31, 2022 and will not stand for reelection as a member of the Board of Directors at the 2022 AGM. Xavier Rossinyol has been appointed as new Chief Executive Officer of Dufry effective June 1, 2022. In order to ensure a smooth transition, Xavier will join as designated CEO and member of the Global Executive Committee on March 1, 2022.

Julian Diaz joined Dufry as Chief Executive Officer in 2004 and was elected member of the Board of Directors in 2013. During his tenure, Julian led a team that successfully executed the strategy of profitable global expansion and sustainable growth that enabled Dufry to become the world's global leading travel retailer it is today. In recent years, he has driven the digitalization strategy and a strong ESG engagement.

Xavier Rossinyol was already part of Dufry's management team from 2004 to 2015, first as Chief Financial Officer until 2012, and then as Chief Operating Officer EMEA and Asia until 2015. In the past nearly seven years, he has been the CEO of gategroup, the leader in airline catering and on-board retail.