Adelaide Airport Limited (AAL) has appointed Mark Young as its new managing director.
Young, who has been AAL’s chief financial officer since 2001, will replace outgoing managing director Phil Baker, and will take up the position from November 1 this year.
Prior to joining AAL, Young was chief financial officer and company secretary with San Remo, and finance director for Macmahon Holdings Limited.
David Munt, chairman of AAL, said: “Mark Young has played a key role in Adelaide Airport’s expansion and stunning passenger growth over the past decade.
“He also led the successful $405 million capital raising program throughout 2010 as part of AAL’s refinancing and expansion strategy, and has maintained the company’s strong credit rating and healthy balance sheet.
“Young has demonstrated he has a clear vision for the ongoing growth of Adelaide Airport, from an aeronautical, property and business development perspective.”