Riedi is eligible for a two-year term and replaces Erasmo Orlliac of Motta International, who remains on the board after serving as chair for three years.
Riedi is the CEO for Division 4 of the Dufry Group of Companies, which covers the Caribbean and Latin American markets.
Prior to his transfer to the US in 2012, Riedi had been operating officer retail region Eurasia & Asia, responsible for all retail activities in the Middle East, Eastern Europe, CIS and Asia Pacific.
“This is an exciting time for the industry overall and the Americas region in particular,” said Riedi. “With so much potential for expanded growth and associated infrastructure development, and IAADFS will continue to play a pivotal role in protecting and serving the duty free and travel retail industry.”
The board also elected Enrique Urioste as chair-elect and Mark Sullivan as treasurer.
