LATAM CEO Enrique Cueto To Step Down

Chile’s LATAM Airlines Group has announced longtime CEO Enrique Cueto will step down March 31, 2020, to be replaced by current chief commercial officer (CCO) Roberto Alvo.

The announcement comes after a planned succession process that began in 2018 and considered both internal and external candidates. In appointing Alvo, LATAM’s board took into consideration his 18 years of experience at the company serving in roles overseeing finance, fleet, planning and commercial operations.