Avianca Holdings has named Microsoft Latin America president Hernán Rincón as its new CEO, replacing Fabio Villegas, who resigned in January. Rincón will also be CEO of Colombian flag carrier Avianca. Rincón’s appointment ends a CEO search that began when Villegas announced his intention to step down last July. Alvaro Jaramillo Buitrago had served as interim CEO since Villegas’s Jan. 17 departure. Rincón will formally take over April 4. He ...

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