tiprankstipranks
Company Announcements

Aéroports de Paris Announces Departure of CEO with Financial Details

Story Highlights
Aéroports de Paris Announces Departure of CEO with Financial Details

Aeroports de Paris ADP ( (FR:ADP) ) has provided an update.

Aéroports de Paris announced the departure of Mr. Augustin de Romanet as Director and Chairman & CEO, detailing the financial terms of his exit. The announcement highlights the adherence to the remuneration policy approved by the shareholders, with Mr. de Romanet receiving a pro-rata compensation and benefits for his service period in 2025. This transition may impact company operations and stakeholder relations as the company continues its strategic focus on airport performance and decarbonization.

More about Aeroports de Paris ADP

Groupe ADP designs and operates airports both in Paris and globally, welcoming nearly 364 million passengers in 2024 across its network of 26 airports. The company focuses on providing high standards of service and hospitality, with a strategy aimed at performance and decarbonization of airport activities. It operates major airports in the Paris region and has strategic partnerships in Turkey, the Middle East, India, and South-East Asia.

YTD Price Performance: -10.98%

Average Trading Volume: 46,793

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €9.78B

Find detailed analytics on ADP stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1