OIAA CEO Mark Laroche Retires

 

Mark Laroche, president and CEO, of the Ottawa International Airport Authority (OIAA) announced his retirement after 12 years.

“These years have been incredibly rewarding and challenging. I’m proud of the accomplishments we have achieved as a team and I’m grateful for the support I’ve received from the board of directors, city officials, and, of course, the entire Airport Authority team. We weathered some rough storms over the years, including the pandemic and economic instability, but YOW continues to thrive and contribute to the economic well-being of the region, and will for decades to come,” said Laroche.

During Laroche’s tenure as CEO, the Ottawa Airport (YOW) has grown significantly, tackled significant challenges including the global pandemic, and positioned itself for a strong future.

The Ottawa International Airport Authority released its 2023 financial results which showed 4.1 million passengers arrived and departed on flights last year, up 37 per cent over 2022. The airport recorded revenues of $145.6 million in 2023, up 30 per cent from 2022, as increases in passenger volumes boosted revenues.

“As I reflect on Mark’s tenure as CEO, the word ‘visionary’ immediately comes to mind. While expert at managing today’s demands, Mark has consistently viewed the airport through the long-term strategic lens of tomorrow and beyond. Mark and his team have achieved incredible results and established a robust blueprint for sustained growth well into the future. We extend our best wishes as he begins his next chapter and send him off with our heartfelt gratitude for the lasting impression he has made on YOW,” said Bonnie Boretsky, chair, Ottawa International Airport Authority board.

 

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