Amadeus Appoints Carol Borg As New Chief Financial Officer

Amadeus appoints Carol Borg as new Chief Financial Officer

Amadeus has announced the appointment of Carol Borg as its new Chief Financial Officer, effective from 5 May.

Carol Borg, an Australian national, will assume her new role at the globally recognised travel technology company, following a notable career in senior financial positions across various sectors. She brings more than 30 years of experience and will be based in Madrid, Spain.

The appointment follows Borg's tenure at QinetiQ Group, a London-listed defence technology and security company where she held the position of Group CFO. In this capacity, she was responsible for all finance and governance activities, driving consistent revenue growth and overseeing significant acquisitions.

Borg's extensive career also includes her previous role as CFO at Lightsource BP in the UK, where she was instrumental in transforming the company's finance and governance processes. Her efforts contributed to the eventual acquisition of Lightsource BP by BP.

Reflecting on the appointment, Luis Maroto, President and CEO of Amadeus, said, "Carol's wide breadth of industry and organizational experience as a Group CFO was a real attraction to us : her multi-decade career reflects a strong commitment to innovation throughout, and to delivering and enabling transformation and change for technology-focused multinational organizations, often in complex financial environments. She will be a real asset to Amadeus, and I am looking forward to her getting started with us on May 5."

Borg herself expressed enthusiasm for joining Amadeus. She stated, "I'm thrilled to be joining Amadeus at this pivotal moment in its journey. My international experience with technology-driven organizations will complement the incredible talent already at Amadeus. I am passionate about turning vision into action, providing strategic oversight, and driving transformational change. I look forward to contributing to Amadeus' ongoing success and helping to make travel work better."

Throughout her career, Borg has also held senior roles at renewable energy company VESTAS, where she served in various capacities, including Head of Strategy, Risk & Governance, and Senior Vice President and Regional CFO for Southern Europe, MENA, and Latin America.

Borg has lived and worked in several countries, including Spain, the United Kingdom, Denmark, and Australia, bringing a truly international perspective to her new role at Amadeus. She will report directly to Luis Maroto and will join the company's Executive Committee.

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