Ato Girma Wake to Retire After Leading Airline Through Unprecedented Growth
ADDIS ABABA, Ethiopia –Ethiopian Airlines announced the appointment of Ato Tewolde G. Mariam as CEO – designate, effective September 15, 2010, officially succeeding Ato Girma Wake as CEO effective January 01, 2011.
Ato Tewolde has served Ethiopian for the last 25 years in different capacities in the marketing division at the head office and at different area offices including India, Saudi Arabia, and the USA. He also has
served the airline as executive officer of the marketing and sales division. Prior to his appointment as CEO designate, he has been serving as the chief operating officer of Ethiopian, successfully steering the operations of the airline during a period of unprecedented and profitable growth.
Ato Girma Wake served as chief executive officer of Ethiopian Airlines since February 2004, leading the airline through one of the most ambitious growth periods in its history. Most notably with the
implementation of Vision 2010, Ethiopian was ranked the 16th most profitable airline in the world.
“Today the airline has embarked upon a new direction by stretching its previous growth strategy,” said HE Ato Seyoum, chairman of the board of management for Ethiopian Airlines. “As a result, Vision 2025 – the 15-year strategic road map for the growth of the airline – has been laid out, and the airline is on the first year of its implementation. The management board has noted that when Ato Girma retires, it should appoint a successor capable of continuing implementing this strategic direction to make Ethiopian the foremost Aviation Group in Africa and to continue contributing to the socio-economic development of Ethiopia. Since Ato Girma has been serving Ethiopian for the last 37 years, the time has now come for his retirement and accordingly, Ato Tewolde G. Mariam has been appointed as the CEO – designate of Ethiopian Airlines until December 31, 2010, after which period of time he will assume the responsibility of the chief executive officer of Ethiopian Airlines.”