IAADFS re-elects Rene Riedi as Chairman

Rene Riedi has been elected to serve another term as Chairman of the Board of the International Association of Airport and Duty Free Stores (IAADFS). The new term begins July 2021. The Dufry executive was first elected as Chairman in 2019.

“I am honored to be elected by my peers to continue to serve in the role of Chairman of IAADFS, said Riedi. “I am also grateful to my fellow Board members for the time they have volunteered to serve on the Board of Directors, particularly during the challenges imposed by the COVID-19 pandemic.”

The Board also re-elected Enrique Urioste of Dufry to continue in the position of Vice-Chairman and Padraig Drennan of Stellar Partners, Inc. to continue as Treasurer. The officer elections followed the election of Board members during which the concessionaire members of IAADFS re-elected Drennan and Louis Snelders of Duty Free Shop to serve on the Board of Directors.

 “We sincerely appreciate Rene’s willingness to continue providing his expertise and devoting more time and energy to IAADFS and the overall industry for yet another year,” said IAADFS President and CEO Michael Payne. “We all know that these have been very difficult times and Rene has provided thoughtful, informed and steady leadership for the association and its members. He is a pleasure to work with and I’m grateful to him and the entire Board of Directors for their commitment and support.”