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Iberia CEO Conte steps down

Iberia Chairman and CEO Fernando Conte has resigned and will be replaced by former IB board member and former CEO of Spanish tobacco company Altadis Antonio Vazquez. Conte is leaving for personal reasons, an IB spokesperson told ATWOnline, stressing that the move was not related to the delay in IB's merger with British Airways. "This has absolutely nothing to do with shareholder pressure, the merger with British Airways, or results," the spokesperson said, adding that merger discussions ...

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