In a statement sent Wednesday to the U.S. Securities and Exchange Commission, Copa Holdings announced that Stanley Motta will step down as Chairman of the Board of Directors effective June 30, 2025.
Motta plans to continue to serve as an active member of the Copa Holdings Board thereafter.
→ Copa Airlines to resume flights to Porto Alegre, Brazil in December
Pedro Heilbron has been elected to assume the position of Chairman of the Board of Directors as of July 1, 2025, in addition to maintaining his current responsibilities as CEO.
To support Mr. Heilbron in his expanded role, the company has created the position of Executive Vice President, who will report directly to Mr. Heilbron and oversee the Commercial and Operations areas of Copa Airlines, the statement added.
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