Media Release
Ad hoc announcement pursuant to Art. 53 LR
lastminute.com announces the election of
Alessandro Petazzi as new CEO
Amsterdam / Chiasso, 6 November 2024 - lastminute.com N.V. ("lastminute.com"), the European Travel-Tech leader in Dynamic Holiday Packages (DP), today announces that Alessandro Petazzi has been elected by the board of directors as the company's new Chief Executive Officer, from 1 January 2025. Subject to the shareholders' approval, Alessandro Petazzi shall succeed Luca Concone, who will remain as a Senior Advisor and Non-Executive Member of the Board of Directors.
An extraordinary shareholder's meeting will be convened for December 2024 to resolve upon the appointment of the elected new CEO for a period ending on the day of the next annual general meeting of the Company to be held in 2025.
Alessandro Petazzi comes from TUI Musement, a global tours & activities business that combines scalable digital platforms with personalised in-destination services. He co-founded Musement in 2013 and then, as CEO, oversaw the company's profitable growth and its sale to the TUI Group in 2018, managing its integration into TUI, leading to its rebranding as TUI Musement.
He started his career with Bain & Co. in 1999 and then spent 8 years at Fastweb, most recently as Head of VOD & IPTV BU. In 2009, he founded and led On Cubed, a global Pay TV and VOD consulting boutique, until 2012. Alessandro Petazzi holds a master's degree in business administration from Bocconi University, Milan, and the Copenhagen Business School.
Yann Rousset, Chairman of lastminute.com commented: "We are pleased about Alessandro's election as CEO of lastminute.com. We are confident he will lead the company in a new phase of growth and innovation. In his former role, Alessandro led Musement from being a startup to a major player with a team of over 7,000 people across 100 locations globally. With his deep knowledge of the travel market and digital businesses, his international experience and his proven leadership, we are confident that Alessandro will drive the company's continued success. We would also like to extend our heartfelt thanks to Luca Concone for his dedication and commitment. Under his leadership, the company has strengthened its market position and expanded its portfolio of cutting-edgeonline travel solutions."
CEO Luca Concone said, "It has been a true privilege to lead lastminute.com during such a transformative time. I am proud of what we have achieved together, from strengthening the company's governance and procedures to expanding our leadership for dynamic travel packages in Europe. In my future role, I look forward to supporting Alessandro and the talented lastminute.com team."
Incoming CEO, Alessandro Petazzi, added: "I am honoured to be elected as CEO at such an exciting time for lastminute.com. The company is well-positionedto capitalise on the rapid changes in the online travel market, and I look forward to working with its exceptional team to further innovate and drive growth. I am deeply committed to continuing the company's legacy of delivering cutting-edgetravel solutions and value to its customers and shareholders."
About lastminute.com
lastminute.com is the European Travel-Tech leader in Dynamic Holiday Packages. Our mission is to simplify, personalise, and enhance customers' travel experience by leveraging our technology. Thanks to the iconic brand lastminute.com and a rich portfolio of vertical brands, we meet the most diverse needs of travellers across the entire holiday experience. As one of the few fully licensed European tour operators, we offer unlimited real-time travel combinations thanks to our proprietary Dynamic Holiday Packaging engine, providing additional customer protection and exclusive deals. lastminute.com N.V. is a publicly traded company listed under the ticker symbol, LMN on the SIX Swiss Exchange.
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Lastminute.com NV published this content on November 06, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on November 06, 2024 at 06:01:07.370.