Simon To appointed as Chairman
Appointment of Chairman
Farnborough, UK, 3rd April 2019 – Gama Aviation Plc, the global business aviation services company, is pleased to announce the appointment of Simon To, a current non-executive Director of the Company, as Chairman with immediate effect. Further to the announcement in November 2018, now that a successor has been found, Sir Ralph Robins will retire from the Board with immediate effect.
Simon To is Managing Director of Hutchison Whampoa (China) Limited (“Hutchison China”) and Chairman of Hutchison China Meditech (AIM/Nasdaq: HCM), an innovative biopharmaceutical company listed on AIM and Nasdaq with a market capitalisation of around £3 billion. He was formerly an independent non-executive Director on the boards of China Southern Airlines Company Limited (1055:HK/ZNH:US, current market cap: US$14.5bn) and Air China Limited (753:HK/AIRYY:US, current market cap: US$22bn). He has been Vice Chairman of the Board of GAMECO since 1989 and serves as the Chairman of China Aircraft Services Limited, in which Gama Aviation has a 20% shareholding.
Sir Ralph Robins commented: “Simon brings extensive expertise and experience in global aviation leadership roles, gaining insight and knowledge of the Group through his existing non-executive Director role at Gama Aviation. We are confident that he will provide the requisite leadership to both the Board and the Group’s Executive management team.”
Simon To, Chairman of Gama Aviation Plc, commented: “I remain committed to the strategic vision for Gama Aviation which lay behind Hutchison’s investment in February 2018. I will work very closely with the Executive management team, setting up a platform for future success for the benefit of all shareholders.”