Heathrow Chief Financial Officer to stand down

1 October 2014

Heathrow Chief Financial Officer to stand down

José Leo will be standing down as Chief Financial Officer of Heathrow in March 2015 after over eight successful years at the company.

José joined Heathrow in 2006 and has led the establishment of the long term financing platform that has enabled the access to global capital markets required to support Heathrow's substantial £11 billion investment, transforming the airport over the last decade. He has also played a pivotal role in the group's airport disposal programme and in the simplification of the business as the group has moved to a clear focus on Heathrow.

John Holland-Kaye, Chief Executive of Heathrow, said:

"José has done an outstanding job providing sound financial input to the Board and shareholders, to Colin Matthews my predecessor and more recently to me as I stepped in to the CEO role. His strong financial stewardship of the company has played a key role in reinforcing Heathrow's position as one of the world's leading hub airports and connecting the whole of the UK to growth markets."

José Leo, Chief Financial Officer of Heathrow, said:

"It has been an outstanding experience working for Heathrow for the last eight years and I consider it a professional and personal privilege to have been involved in the transformation that Heathrow has achieved in that time. I am confident I will be leaving the business, in due course, with the management and ambition to take Heathrow forward to its next stage of development."

José will remain as Chief Financial Officer until March 2015 by when his successor is expected to be in place, ensuring a smooth transition.

Further information:

Heathrow Airport media enquiries - +44 (0)20 8745 7224

Heathrow Airport investor enquiries - + 44 (0)20 8745 9947