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Controladora Vuela Compania de Aviacion SAB de CV (VOLARA.MX)

VOLARA.MX on Mexico Stock Exchange

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18 Sep 2019
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Summary

Name Age Since Current Position

Alfonso Gonzalez Migoya

74 2014 Independent Chairman of the Board

Enrique Beltranena Mejicano

55 2016 President, Chief Executive Officer, Director

Sonia Jerez Burdeus

2019 Chief Financial Officer, Vice President

Jose Luis Suarez Duran

50 Chief Operating Officer, Senior Vice President

Holger Blankenstein

43 2017 Executive Vice President Airline Commercial and Operations

Jaime Esteban Pous Fernandez

48 Senior Vice President, Chief Legal Officer and Corporate Affairs

Carlos Alberto Gonzalez

44 2019 Corporate Control and Compliance Director

Carolyn Prowse

2019 Vice President, Chief Commercial Officer

Maria Elena Rodriguez Asiain

2018 Corporate Financing, Treasury and Investor Relations Director

Alejandro Alba Molina

2019 Internal Audit Director

Andrea Gonzalez Anzures

Investor Relations Manager

Marco Andres Baldocchi Kriete

2019 Interim Director

Brian Franke

54 2010 Director

William Franke

81 2010 Director

Harry Krensky

54 Director

William Dean Donovan

56 2017 Independent Director

Jose Luis Fernandez Fernandez

60 2012 Independent Director

Stanley Pace

64 2017 Independent Director

Joaquin Alberto Palomo Deneke

67 2005 Independent Director

John Slowik

67 2012 Independent Director

Ricardo Maldonado Yanez

50 2018 Independent Director

Biographies

Name Description

Alfonso Gonzalez Migoya

Mr. Alfonso Gonzalez Migoya has served as Independent Chairman of the Board of Controladora Volaris Aviation Holding Company (Vuela Compania de Aviacion, S.A.B. de C.V.) since November 6, 2014. He is also a director at FEMSA, Coca Cola FEMSA, Bolsa Mexicana de Valores and Instituto Tecnologico de Estudios Superiores de Monterrey (ITESM), among others. Previously, Mr. Gonzalez was chairman and chief executive officer of Grupo Industrial Saltillo, chief executive officer of Servicios Interpuerto Monterrey, held different senior roles in Grupo ALFA and was executive vice president and chief financial officer of senior executive Grupo Financiero BBVA Bancomer. Mr. Gonzalez holds a Bachelor of Science in Electromechanical Engineering from ITESM and a Master of Business Administration from Stanford University Graduate School of Business.

Enrique Beltranena Mejicano

Mr. Enrique Javier Beltranena Mejicano has served as President and Chief Executive Officer of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since March 2006 and Director of the Company since September 9, 2016. He is Member of the Compensation and Nominations Committee. Previously he worked as Grupo TACA’s chief operating officer, human resources and institutional relations vice president, cargo vice president and commercial director for Mexico and Central America. He also held the position of general director of Aviateca in Guatemala. Mr. Beltranena started his career in the aerospace industry in 1988. During the 1990s, he was responsible for the commercial merger of Aviateca, Sahsa, Nica, Lacsa and TACA Peru, which consolidated them into a single management entity called Grupo TACA. While at Grupo TACA, Mr. Beltranena also led the development of single operating codeshare and the negotiation of open skies bilateral agreements among each of the Central American countries and the United States. In 2001, Mr. Beltranena led Grupo TACA’s complete restructuring as its chief operating officer. Mr. Beltranena was named to the Entrepreneur of The Year Hall of Fame in Monaco after being nominated by Ernst & Young—Innovation in 2012. He was also named Entrepreneur of The Year in Mexico after being nominated by Ernst & Young—Mexico in 2011. He also received the National Order of Merit (Knight’s Badge) from the President of France. Currently Mr. Beltranena serves as Chairman of the Superior Council of the Universidad Panamericana in Mexico and of the IPADE Business School.

Sonia Jerez Burdeus

Ms. Sonia Jerez Burdeus has been Chief Financial Officer and Vice President at Volaris Aviation Holding Company since January 2019. Ms. Jerez has experience in the airline industry and the telecom sector. Prior to joining us, she worked as the chief financial officer of WIZZ AIR Hungary Ltd., and VUELING Airlines (IAG Group, London). Ms. Jerez received her Executive Master of Business Administration from University of Chicago, and holds a Bachelor of Electronics Superior Engineer from the Instituto Universidad de Barcelona.

Jose Luis Suarez Duran

Mr. Jose Luis Suarez Duran serves as Senior Vice President of Volaris Aviation Holding Company and he has been Chief Operating Officer of the Company since October 30, 2015. He joined Volaris in early 2006 as a Sales Director. In 2012, he occupied the position of Retail and Customer Service Director, where he supervised the airport operations, ramp management, flight attendants and customer solutions. Before working at Volaris, He has worked for ten years at Sabre Holdings. He holds a master's degree in Industrial Engineering and a Master's in Business Administration from the University of Missouri in Columbia, a degree in Business Management from Instituto Panamericano de Alta Direccion de Empresa (IPADE) and a degree in Industrial Engineering from Universidad Iberoamericana.

Holger Blankenstein

Mr. Holger Blankenstein has served as Executive Vice President Airline Commercial and Operations of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since November 2017. Prior to his current role, Blankenstein was the Chief Commercial Officer leading the areas of sales, marketing, planning, itineraries, revenue management and cargo and leading the IT department. Blankenstein was part of the team that took the airline public in 2013; he has been with Volaris since its inception in 2005, as one of the founding members of the team he was involved both in the setting up and launching of the airline. Before 2005, he was Director of Strategic Development at TACA International Airlines in El Salvador, from 2003 to 2005, where he led many key projects such as the integrated airline systems migration, TACA’s maintenance business growth strategy and the business plan for Volaris. He began his career as a consultant for Bain & Company in 1998 in the Munich office. Blankenstein transferred to the Sydney office in 2000. He was involved with assignments in financial services, automotive and retail industries. Blankenstein earned an MBA from the University of Iowa and a graduate degree in business and economics from Goethe University in Frankfurt, Germany.

Jaime Esteban Pous Fernandez

Mr. Jaime Esteban Pous Fernandez serves as Senior Vice President, Chief Legal Officer and Corporate Affairs at Volaris Aviation Holding Company. He has been general counsel since January 2013. Prior to joining the Company, Mr. Pous worked at Grupo Televisa, where he had been legal director from 1999 to 2012. Mr. Pous received his LLM from The University of Texas at Austin, School of Law and holds a law degree from the Instituto Tecnologico Autonomo de Mexico (ITAM).

Carlos Alberto Gonzalez

Mr. Carlos Alberto Gonzalez has served as Corporate Control and Compliance Director at Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since June 2016. He previously was Corporate Control Director from June 2010 to May 2016. From October 1, 2018 till January 2019, Mr. Gonzalez acted as Interim Chief Financial Officer of the Company. Mr. Gonzalez is responsible for accounting, reporting, internal control, revenue assurance and taxes. Prior to joining us, he worked at Grupo Telefonica Moviles and PricewaterhouseCoopers. Mr. Gonzalez is a Certified Public Accountant with a post-graduate degree in Corporate Finance from ISEC University and he also holds a Masters of Business Administration degree from Antonio de Nebrija University in Spain.

Carolyn Prowse

Ms. Carolyn Anne Prowse has been Vice President, Chief Commercial Officer at Volaris Aviation Holding Company since March 2019. Prior to joining the Company, Ms. Prowse ran her own business advising aviation clients in Europe, Africa and the Indian Ocean and the Middle East on a wide range of topics including strategy, transformation and restructuring. Most recently, she was working with easyJet on their 5 year plan and core strategic initiatives, and other clients include advisory firms, hedge funds and both full service and low cost airlines and their shareholders. From 2011-2013 she was Senior Vice President, Corporate Strategy and Special Projects for Etihad Airways in Abu Dhabi, responsible for strategy, mergers & acquisitions, the corporate program management office and other key initiatives and special projects. Her career in aviation also includes ten years with British Airways Plc in London. Carolyn’s background also includes roles in investment banking (managing a global portfolio of private equity, investment banking and strategic investments) and strategy consulting with LEK Consulting. She has a Bachelor degree in Chemistry from the University of Oxford.

Maria Elena Rodriguez Asiain

Alejandro Alba Molina

Mr. Alejandro Alba Molina has been Internal Audit Director at Volaris Aviation Holding Company since July 26, 2019. He has a 20 years career in the fields of audit, risk, internal control and corporate governance, Prior to Volaris, he was the Senior Internal Audit Director at Walmart, Chief Audit Executive at Grupo Bimbo and Risk Managing Partner for Mexico and Central America at EY.

Andrea Gonzalez Anzures

Marco Andres Baldocchi Kriete

Mr. Marco Andres Baldocchi Kriete has been Interim Director of Volaris Aviation Holding Company since July 24, 2019. Previously he served as an alternate director since 2010. He is the Founder and Chief Executive Officer of Central American Retail Sourcing, Inc., a retail company in Latin America. He is currently a member of the board of Aeromantenimiento (MRO Holdings, Inc.). Past board experience includes Transactel Inc., Onelink Holdings, Avianca and Banco Agricola. Mr. Baldocchi has a Bachelor of Arts from Vanderbilt University and a Master of Business Administration from the Kellogg School of Management.

Brian Franke

Mr. Brian Hanna Franke has served as Director of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since 2010. He is also Member of the Company’s Compensation and Nominations Committee. Mr. Franke has previously been a member of the board of directors of Tiger Airways Holdings (Singapore) since 2008 and Tiger Airways Australia since May 2009. Currently, he is a principal specializing in aviation investments with Indigo Partners LLC, a private equity firm based in the United States. He is also a member of the board of directors of Frontier. Prior to that, Mr. Franke was vice president of Franke & Company Inc., a boutique private equity firm focused on small and medium enterprises investments. He was also a director in marketing for Anderson Company, a U.S. real estate developer, from 1989 to 1992 and a marketing manager for United Brands Inc., a U.S. distribution and licensing company for consumer goods, from 1987 to 1989. Mr. Franke holds a Bachelor of Science in Business from the University of Arizona and a Masters of International Management from Thunderbird School of Global Management.

William Franke

Mr. William A. Franke has served as Director of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since 2010. He is also a member of the board of directors of Wizz Air Holdings Plc (Hungary). He is currently the managing member of Indigo Partners LLC (since 2002) and a managing partner of Newbridge Latin America L.P. (since 1996), both of which are private equity firms. Mr. Franke is chairman of the board of directors of Frontier and JetSmart Airlines (Chile) and was the founding chairman of Tiger Airways Holdings (Singapore), a member of the board of directors of Spirit and the chief executive officer/chairman of America West Airlines from 1993 to 2001. He is also a member of the board of directors of Falcon Acquisitions Group, Inc. Mr. Franke has undergraduate and graduate degrees from Stanford University. He also has an honorary doctorate from Northern Arizona University awarded in 2008.

Harry Krensky

Mr. Harry F. Krensky serves as Director of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.). He has been on the Company's Board since its foundation. He is also Member of the Company’s Compensation and Nominations Committee. He is also a member of the board of directors of transportation company Traxion, hospital operator H+ABC (SISI) and education company AMCO International. Mr. Krensky is managing partner of the private equity firms Discovery Americas and Discovery Air. Previously, he was a founder of emerging market hedge fund managers Discovery Capital Management and Atlas Capital Management, and a founder of Deutsche Bank’s emerging market hedge fund. He has also served as an adjunct professor of international business at New York University’s Stern School of Business. He was a member of the Board of Trustees of Colby College. Mr. Krensky has a Bachelor of Arts from Colby College, a master’s degree from the London School of Economics and Political Science and a Master of Business Administration from the Columbia University Graduate School of Business.

William Dean Donovan

Mr. William Dean Donovan has served as Independent Director of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since April 2017. He has previously been Alternate Director since 2010. He is a Managing Director of Columbia Equity Partners and is a senior advisor to Discovery Americas, a Mexico City based private equity fund. Mr. Donovan sits on the boards of Prophet Brand Strategy, a marketing consultancy, and Metropolitan Bank. In 2005, he cofounded Volaris along with several other parties. Between 1989 and 2003, Mr. Donovan worked with Bain & Company. He was Managing Director of Bain Africa between 1999 and 2002 and head of Bain’s airline practice and auto practice at various times. He is also an advisor to Stellar Labs, a software company focused on floating fleet optimization and revenue management in the private aviation space. In 2005, Mr. Donovan co-founded Diamond Stream, a SaaS analytics application for the Travel and Entertainment industry. Mr. Donovan has served as chief operating officer of Nimblefish Technologies, a specialized micromarketing agency and as chief executive officer of SearchForce, a paid search workflow management and optimization platform. Mr. Donovan received his Bachelor of Arts from the University of California Berkeley, where he graduated Phi Beta Kappa and Summa Cum Laude, and his Master of Business Administration from the Wharton School at the University of Pennsylvania.

Jose Luis Fernandez Fernandez

Mr. Jose Luis Fernandez Fernandez has served as Independent Director of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since 2012. He also serves as the Chairman of the Audit and Corporate Governance Committee. He is also a member of the audit committees of various companies, including Grupo Televisa, S.A.B., Grupo Financiero Banamex and Banco Nacional de Mexico, S.A., and an alternate member of the board of Arca Continental, S.A.B. de C.V. Mr. Fernandez is a partner at Chevez Ruiz Zamarripa. Mr. Fernandez has a degree in Public Accounting from Universidad Iberoamericana and a certification issued by the Mexican Institute of Public Accountants.

Stanley Pace

Mr. Stanley L. Pace has served as Independent Director of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since April 2017. He is a senior partner and director at Bain & Company where he has served as a member and chairman of most of the company’s key governance boards. Mr. Pace was the founder of the transformation and airline practices at Bain & Company and has led many of the company’s largest and most successful relationships and transformations. For a period of two years in the late 1990s, Mr. Pace became the chief executive officer of ATA. At that time, ATA was the largest charter airline in the world. Mr. Pace received an undergraduate degree in finance from the University of Utah where he graduated as valedictorian. He later received his Master of Business Administration from Harvard Business School where he graduated with high distinction.

Joaquin Alberto Palomo Deneke

Mr. Joaquin Alberto Palomo Deneke has served as Independent Director of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since 2005. He also serves as a Member of the Audit and Corporate Governance Committee. He is also a member of the boards of directors of Aeroman and Avianca. Mr. Palomo has over two decades of experience in the financial air transportation and commercial aerospace sectors, where he created and implemented the first organization for Grupo TACA. He also actively participated in the planning, purchasing negotiations, closing, organization and final merger of AVIATECA, Tan/Sahsa, TACA de Honduras, Nica, Lacsa, Islena de Inversiones, La Costena, Aeroperlas and Trans American Airlines to form Grupo TACA. Mr. Palomo negotiated the financing of more than $1 billion in aircraft leases, sales and leasebacks. Mr. Palomo has a Bachelor of Science degree in Agricultural Economics from Texas A&M University.

John Slowik

Mr. John A. Slowik has served as Independent Director of Volaris Aviation Holding Company (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) since 2012. He also serves as Chairman of the Audit Committee and Corporate Governance Committee of the Company. He has over three decades of experience in the air transportation and commercial aerospace sectors as a banker at Citi (and its predecessors) and Credit Suisse, where he managed its America’s Airline Industry investment banking practice. His experience includes corporate and investment banking, where his activities involved public and private capital raising, structured debt issuance, aircraft leasing, principal investment and mergers and acquisitions advisory work. Mr. Slowik is also a member of the board of directors of Rotor Engine Securitization, Ltd. and Turbine USA LLC, private commercial jet engine leasing companies operating out of Ireland and the United States, respectively. Mr. Slowik is a board member and chairs the audit committees of two related, but separately incorporated, privately held companies – Quintillion Holdings, LLC and Quintillion Subsea Holdings, LLC. These companies are building and will operate a subsea system connecting Nome, Alaska to Prudhoe Bay, Alaska, with four landing stations in between, and a terrestrial fiber optic cable system connecting Prudhoe Bay to Fairbanks, Alaska. Mr. Slowik has an undergraduate degree in Mechanical Engineering from Marquette University and a Masters in Management from the Kellogg School, Northwestern University.

Ricardo Maldonado Yanez

Mr. Ricardo Maldonado Yanez has served as Independent Director of Volaris Aviation Holding Company since April 2018. He is a partner at Angoita, Cortes y Fuentes since 1999. Mr. Maldonado has over 20 years of experience providing advice and counseling to issuers and financial institutions in a number of domestic and international, public and private, debt and equity offerings. Mr. Maldonado serves as member and/or secretary of the Board of Directors of several companies including Grupo Televisa, Consorcio Ara, Grupo Axo, SeaMex Ltd., Biossmann Group, Empresas Cablevision, Grupo Famsa, Grupo Pueblo Bonito, Grupo Aeroportuario del Centro Norte (OMA), Grupo Financiero Banorte and Endeavor Mexico. Mr. Maldonado received his LLM from University of Chicago Law School and holds a law degree from the Universidad Nacional Autonoma de Mexico.