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José Leo CFO Heathrow[/caption]
London, 12 september 2006.-
José Leo, Group Finance Director of Amey plc, the business services group, is to join BAA, the UK airports group, as Chief Financial Officer.
Stephen Nelson, Chief Executive of BAA, said: José brings very valuable experience in leading Amey's restructuring process in the UK, as well as a decade of success within Ferrovial Group in various managerial posts. In a new era, he will help us focus upon achieving higher performance.
José Leo succeeds Margaret Ewing, who has decided to step down from BAA. He was appointed Group Finance Director of Amey plc in May 2003. Prior to that he was Managing Director of Ferrovial Telecomunicaciones. Before joining Ferrovial, he was Chief Financial Officer and Manager of Business Development at Agroman, the Spanish construction company which was acquired by Ferrovial.
José Leo said: I am delighted to join BAA, which has responsibility for some of the UKs most vital assets.
BAA also announces today that Ian Hargreaves, Corporate & Regulatory Affairs Director, has decided to leave the company.
Stephen Nelson said: Margaret and Ian have done a first class job for BAA. They have helped me manage the transition to new ownership, and both are now looking forward to new challenges. I wish them every success in the future.
He added: The new Executive Committee will be smaller and sharply focused, reflecting my determination to achieve a rapid and demonstrable increase in the efficiency and performance of the business. In line with this approach, the following appointments are also announced today:
Duncan Garrood, currently Divisional Director responsible for Gatwick and Stansted airports and for most of BAAs international activities, takes on a new role as Commercial Director. His portfolio includes BAAs retail and marketing activities, supply chain and relationships with airlines. Duncan joined BAA in 2004 after a career in Unilever.
Donal Dowds, also a Divisional Director, becomes Director of Operations, taking responsibility for Gatwick and Stansted airports, along with investment in information technology, surface access, planning and aviation policy. Donal joined BAA in 1979, overseeing the rapid growth of BAAs Scottish businesses.
Stephen Baxter, Managing Director of BAA Scotland, joins the Executive Committee, taking responsibility for all of BAAs activities in Scotland, along with Southampton airport and the BAA shared business service centre, which is based in Glasgow. Stephen joined BAA from Black & Decker in 2002.
Duncan Bonfield, Director of Corporate Affairs, takes over Ian Hargreavess role in charge of the companys communications. Kyran Hanks, Director of Economics and Regulation, will lead BAAs regulatory work. Duncan and Kyran will report directly to Stephen Nelson.