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Managing, planning and directing all programmes and activities of the MWAA - a quasi-public, stand-alone business enterprise with annual revenues of over $650m - Bennett was, among other things, responsible for the execution of the $7.1bn reconstruction and expansion of Dulles Airport; in addition to the $1bn that it has previously invested in Ronald Reagan Washington National. Mr. Bennett will become the Chairman of the American Association of Airport Executives as of May of 2010.
H.E. Khalifa Al Mazrouei, Chairman of ADAC, said:
"Jim joins ADAC at an important phase in its short history and I am confident that under his leadership ADAC will continue to develop into a world class airport company. We have a clear vision for the future of ADAC and for the airport businesses within the group and I believe Jim is ideally qualified to help us realize that vision over the coming years. Jim will take over from the Acting CEO, John Stent, on 1 June and I would like to express my thanks to John for his important contribution to the business since last June."
Jim Bennett said, "I am excited to have this opportunity. My focus will be to build on the strong foundations already in place, further cementing ADAC's role as a leading world hub and ensuring the company's growth in constructive partnership with all relevant stakeholders."
Rana Mesbah
