Over the past few years, we’ve seen major growth and expansion at Retail inMotion. We’ve been able to transform ourselves and take our industry-leading IT solutions and great proprietary products all across the globe. Even so, we’ve fiercely held on to our fiery start-up culture as we have developed to serve major airlines worldwide.
Today, we’d like to announce another change that’s taking place on our team. Stefan Patermann, previously our Chief Commercial Officer has been appointed Chief Executive Officer of Retail inMotion. In this position, he will oversee all business activities of Retail inMotion and all other onboard retail efforts of the LSG Group, which fall under the Retail inMotion brand umbrella. Stefan has been involved with Retail inMotion since 2013 when he began leading the RiM/LSG integration after the first stakes of the company were acquired by the LSG Group.
(Left to right): Erdmann Rauer, CEO LSG Group; Dr. Joe Elias, Founder Retail inMotion; Stefan Patermann, CEO Retail inMotion
“Retail inMotion plays an important role in the strategic direction and transformation of the LSG Group,” said Erdmann Rauer, Chief Executive Officer LSG Group. “We are confident that Stefan is exceptionally qualified to continue leading Retail inMotion to achieve its full, global potential.”
Stefan moves into this position as successor to Joe Elias, founder of Retail inMotion. Our team has been improving the passenger inflight experience since Joe founded the company back in 2004. Since that time, we’ve been able to transform and expand under Joe’s dedicated leadership. He poured his passion into Retail inMotion and redefined the company from a small startup team into a globally-recognized, end-to-end onboard retail service provider with nearly 200 employees and contracts across the globe. Joe’s unique problem solving and innovative approach to business has resulted in the foundation of RiM’s unique culture and has totally revolutionized the aviation onboard retail industry. Joe might be stepping back as CEO, but we are delighted that he will continue on with the LSG Group in a retail consulting and advisory role.
“I would like to extend a sincere commendation to Dr. Joe Elias for the passion and commitment with which he has developed his business idea into a uniquely-positioned key player in our industry,” commented Erdmann Rauer. “Retail inMotion is one of the most important pillars of the LSG Group’s portfolio and enables us to offer end-to-end onboard retail solutions to our global customers as they look for innovative concepts and solutions to succeed in a quickly transforming market environment.”
Please join us as we celebrate Stefan’s appointment as CEO and thank Joe wholeheartedly for his dedication and vision to create and continuously nurture Retail inMotion with his entrepreneurial spirit.