logo
Share SHARE
FONT-SIZE Plus   Neg

Copa Holdings Names Jose Montero CFO, Succeeding Victor Vial

Copa Holdings, S.A. (CPA), a Latin American provider of passenger and cargo services, said Monday that its board of directors has appointed Jose Montero as chief financial officer, effective March 15. Montero, currently Director of Planning of Copa Airlines, succeeds Victor Vial, who will continue his involvement with the company as advisor to the board of directors.

Montero started his career with Panama-based Copa Airlines in 1993 and held various technical, supervisory and management positions within the company. In his nearly 20 years of experience at Copa Airlines, Montero has held the positions of Manager of Flight Operations and Director of System Operations Control Center or SOCC.

During the past 9 years, Montero has served as Director of Planning. He also plays an important role in the company's strategic committee and heads the scheduling and flight profitability committees.

Meanwhile, Vial has been Copa Airlines' CFO since 2000. From 1995 until 2000, he served as Director of Planning. Prior to his service at Copa, Vial was a senior financial analyst for HBO-Time Warner.

Pedro Heilbron, CEO of Copa Holdings said, "We would like to thank Mr. Vial for his leadership and contribution over the past seventeen years. During Victor's tenure, first as Head of Planning and then as Chief Financial Officer, Copa grew from a small Panamanian carrier to become a regional and global benchmark for excellence in our industry."

In Monday's regular session, CPA is trading at $108.00, down $0.42 or 0.39 percent on a volume of 11,139 shares.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Federal Network Agency (Bundesnetzagentur) has asked parents who bought the popular My Friend Cayla doll to destroy the toy or disable its wireless connection. The Bundesnetzagentur has banned the unauthorized wireless transmitting equipment in a children's toy and has already removed the product... Saudi Arabia is reportedly considering to list its state-run oil behemoth Saudi Aramco in New York Stock Exchange. According to a WSJ report, citing people familiar with the matter, Aramco prefers to float its shares on the NYSE, or in London or Toronto after discussion to list on an Asian stock exchange... Anglo-Australian mining giant BHP Billiton plc reported Tuesday a profit in its first half, compared to last year's hefty loss on sharply lower one charges. Underlying EBITDA, a key earnings metric, climbed 65 percent with higher production and prices. The company further lifted its dividend by 150 percent.
comments powered by Disqus
Follow RTT