M.A.G Announces Appointment of Rosemarie S. Andolino as C.E.O and President of Newly Created North American Business

LONDON, May 12, 2015 /PRNewswire/ --

M.A.G, the owner of the third and fourth largest airports in the UK (Manchester and Stansted), today announces that it has appointed Rosemarie Andolino to the newly created role of Chief Executive Officer and President of M.A.G U.S.

     (Photo: http://photos.prnewswire.com/prnh/20150512/743947 )

She will oversee the development of M.A.G's airport services business in North America. M.A.G U.S will work with airports to develop and operate terminal and retail solutions, passenger lounges and car parking facilities.

Andolino joins M.A.G following more than 12 years in international airport management. Recently she served as the Chicago Department of Aviation (CDA) Commissioner where she oversaw the management and function of the world's busiest airport system. The Chicago system comprises of O'Hare and Midway International Airports which on an annual basis collectively handle over one million flights, 87 million passengers, 1.5 million tons of cargo and have an operating budget of $1 billion.

During her time at CDA, Andolino prioritised air service development, environmental sustainability and revived the organisation's focus on customer service. In addition, she implemented an $8 billion reconfiguration of O'Hare's complicated intersecting runways, including adding the CDA's first new runway in 37 years. She also delivered more than 40 new major routes and 12 new international carriers; implemented the first United States Customs Border Protection Automated Passport Control technology; and lead Westfield's $26 million redevelopment of the international terminal, resulting in increased sales of nearly 70%. In the last decade, CDA has increased its regional economic impact by $2.8 billion.

Andolino, who in 2014 was named by Premier Magazine as one of the '30 most compelling women in the travel industry', joins M.A.G U.S from Jacobs Engineering where she has been Vice President of Aviation. She will commence work with M.A.G U.S on the 1^st June 2015 and will manage a team based in a new office, set to open in New York City later this year.

Charlie Cornish, Group Chief Executive of M.A.G, said: "I am delighted to welcome Rosemarie to the business and am confident that she will be the driving force in building a successful airport services business for M.A.G in North America.

"The combination of Rosemarie's experience of major U.S aviation projects and M.A.G's existing expertise drawn from its running of four U.K airports, makes me confident that we will have a unique offering for the North American market.

"M.A.G has transformed the airports under its ownership, both from an operational and financial perspective. Since acquiring Stansted just over two years ago, we have invested in creating a new passenger experience and turned it into the fastest growing major airport in the UK.

"Much of this success has been driven by our unique ownership structure that has enabled us to work closely with both public and private investors to deliver airports that truly serve the regions in which they operate."

Commenting on her appointment, RosemarieAndolino, said: "I am delighted to be appointed C.E.O and President of M.A.G U.S. M.A.G has impeccable credentials for the ownership and operation of airports in key markets.

"The airport industry in North America is going through a period of transition and M.A.G is well placed to play a significant role in supporting airports to develop new and improved facilities for passengers and airlines.

"I very much look forward to building on the success that M.A.G has enjoyed to date."

M.A.G currently serves 48 million passengers through its ownership and operation of four UK airports: Manchester, London Stansted, East Midlands and Bournemouth. M.A.G is privately managed on behalf of its shareholders. Manchester City Council and the nine Greater Manchester Councils own a combined 64.5% of M.A.G with Australian fund manager IFM Investors owning the remaining 35.5%.

Notes to Editors: 

About Rosemarie Andolino 

Biography: 

Jacobs Engineering 

• 2014 - 2015    Vice President Aviation, Jacobs Engineering

Chicago Department of Aviation 

• 2009 - 2014    Aviation Commissioner
• 2003 - 2014    Executive Director, City of Chicago, O'Hare Modernization Programme
• 1999 - 2003    First Deputy Commissioner; City of Chicago Department of Planning and Development

Other Experience: 

• Board Member at SOS Children's Villages
• US Travel, Board member and Chair of the Gateway Airports Council
• American Association of Airport Executives (AAAE)
  • Member
  • Chair of the Airports Legislative Alliance (ALA)
• Choose Chicago Board of Directors, Member
• United States Travel and Tourism Advisory Board, Member
• Customs and Border Protection (CBP) User Fee Advisory Committee, Member
• Women in Transportation
  • Member
  • Advisory Board member of WTS Greater Chicago Chapter
• Airports Council International (ACI) World Board, Regional Advisor

About M.A.G 

• M.A.G currently serves over 48 million passengers through its ownership and operation of Manchester, London Stansted, East Midlands and Bournemouth airports.
• M.A.G is privately managed on behalf of its shareholders with IFM Investors owning 35.5%, Manchester City Council owning 35.5%, and the other 9 Greater Manchester Councils owning the remaining 29%.
• M.A.G's overall strategic intent is to increase long term shareholder value by generating profitable growth, developing its assets and deploying efficient and customer focused operating processes throughout the business.
• By achieving this ambition, MAG aims to become the premier airport management and services company.
• M.A.G also includes the commercial property company, M.A.G Property, which has over £600m of property assets across the four airports and is leading the £800m major Enterprise Zone development, Airport City, at Manchester.

SOURCE M.A.G