Menzies Aviation announced that Philipp Joeinig will step down as Group Chief Executive Officer and Board Member as of July 31. Ehab Aziz has been appointed Non-Executive Chairman of the Board of Directors and Hassan El-Houry Chief Executive Officer.
Philipp joined the Menzies Board in 2017 and became Group CEO in 2020. During his tenure, he helped shape the business and deliver growth through a period of substantial change. The Board thanks him for his dedication and significant contribution to the Group.
Ehab has a track record of creating significant value for stakeholders over more than two and a half decades with Agility. Working alongside leadership teams across different sectors, he has helped build and scale global businesses, leading major acquisitions and a landmark divestiture that together created and unlocked billions of dollars in value. He has brought strategic insight and operational and financial discipline to Agility’s growth into a multi-business owner and operator with $13.2 billion in total assets across six continents. A Non-Executive Director of Menzies since 2022, he has helped shape the company’s strategy and direction. As Non-Executive Chairman, Ehab will lead the Board and work closely with the Menzies executive team on strategy, governance and stewardship, to drive sustainable long-term performance and value creation.
Ehab Aziz said: “Menzies is well positioned for its next phase, with a strong team, a clear strategy and the right foundations to deliver it. The Board’s focus is on setting a clear long-term direction, holding the business to high standards of governance and performance, and ensuring it has what it needs to invest in its people, its customers and its markets. As Non-Executive Chairman, I will work closely with Hassan and the executive team to build on what has been achieved and create sustainable, long-term value for our customers, our people and our shareholders.”
Hassan brings two decades of experience building and scaling global aviation services businesses. Before joining Menzies, he transformed National Aviation Services (NAS) from a single station into the leading aviation services provider across emerging markets. He played a leading role in Agility’s acquisition of Menzies in 2022 and its integration with NAS to create the world’s largest aviation services company. As Executive Chairman of Menzies since then, he has shaped strategy and guided the business through a period of significant growth and record financial performance. Hassan is also Chairman of the Aviation Services Association (ASA World).
Hassan El-Houry said: “It is a privilege to be appointed CEO of Menzies Aviation. We have an exceptional team, a leading market position and a clear strategy for growth. I look forward to working with Ehab and the Board, and with colleagues, customers and partners across our global network, as we build on our momentum, invest in our people, strengthen customer partnerships and continue delivering safe, reliable and high-quality aviation services across six continents.”
Menzies Aviation’s strategic priorities remain unchanged, with a continued focus on safety, service excellence, operational performance and sustainable long-term growth.