LATAM Airlines Group : LATAM Airlines Group names new Chief Financial Officer
Santiago, Chile, June 11, 2013- LATAM Airlines Group S.A. and its
subsidiaries, ("LATAM Airlines Group" or "the Company") (NYSE: LFL / IPSA: LAN
/ Bovespa: LATM11), the leading airline group in Latin America, announces that
as of August 2013, Mr. Andres Osorio will become the new Chief Financial
Officer of the company, replacing Mr. Alejandro de la Fuente, who has held
this position for the last 18 years. Mr. de la Fuente actively participated in
important and challenging events in the company's history, including the
listing of LAN in the New York Stock Exchange, fleet financing and managing
the relationship with the financial markets.
Mr. Osorio, together with his team, will have the challenge of leading the
financial and Investor Relations areas of one of the largest airline groups in
Mr. Osorio holds a Business degree from the Catholic University of Chile and
has over 20 years of experience leading financial areas in companies such as
Cencosud, where he was CFO for 7 years, and Metrogas, among others. He has
also been CEO of Empresas Indumotora, a Chilean automobile conglomerate, and
is currently a partner at PricewaterhouseCoopers in Chile.
About LATAM Airlines Group S.A.
LATAM Airlines Group S.A. is the new name given to LAN Airlines S.A. as a
result of its association with TAM S.A. LATAM Airlines Group S.A. now includes
LAN Airlines and its affiliates in Peru, Argentina, Colombia and Ecuador, and
LAN Cargo and its affiliates, as well as TAM S.A. and its subsidiaries TAM
Linhas Aereas S.A., including its business units TAM Transportes Aereos del
Mercosur S.A. (TAM Airlines (Paraguay)) and Multiplus S.A. This association
creates one of the largest airline groups in the world in terms of network
connections, providing passenger transport services to about 135 destinations
in 22 countries and cargo services to about 144 destinations in 27 countries,
with a fleet of 316 aircraft. In total, LATAM Airlines Group S.A. has more
than 53,000 employees and its shares are traded in Santiago, as well as on the
New York Stock Exchange, in the form of ADRs, and Sao Paulo Stock Exchange, in
the form of BDRs.
Each airline will continue to operate under their current brands and
identities. For any inquiry of LAN or TAM, please visit www.lan.com or
www.tam.com.br, respectively. Further information at
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information contained therein.
Source: LATAM Airlines Group via Thomson Reuters ONE
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