6th Nov 2009 12:53
6 November 2009
Thomas Cook Group plc
Board Appointment
Thomas Cook Group plc ("Thomas Cook") today announces that Sam Weihagen has been appointed to the Board as Deputy to the Group CEO, Manny Fontenla-Novoa, with immediate effect. In taking this role, he has deferred his retirement and will continue as CEO Northern Europe.
Mr. Weihagen, a Swedish national, has 34 years' experience in the travel industry and has been in the role of CEO Northern Europe since 2001. He was formerly an Executive Director of MyTravel Group plc for three years prior to the merger in 2007. He is a member of the Group Executive Board and Chairman of the Tour Operating Federation in Sweden.
Thomas Cook Group plc Chairman, Michael Beckett, said, "The Board recognises Sam's extensive knowledge of the global travel industry and welcome him to this new role. The Board and senior management will benefit greatly from his valuable insight, experience and operational success."
Manny Fontenla-Novoa, CEO, Thomas Cook Group plc added: "I am delighted that Sam has agreed to defer his retirement to take on the role as Deputy to the CEO for the Group, in addition to his current responsibilities as CEO, Northern Europe. In this broader role he will develop and implement his succession plan for Northern Europe, use his vast experience and commercial acumen to assist the other Group Segment CEO's with their margin improvement and business development, whilst lending his support to the overall running of the business as a member of the Board."
The above disclosure is made pursuant to paragraph 9.6.14R of the Listing Rules. There are no other disclosures to be made pursuant to paragraph 9.6.13R (1) - (6) of the Listing Rules.
For further information please contact:
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Derek Woodward, Group Company Secretary +44 (0)7500 227309 |
Alexis Coles Barrasso Group Director, PR & Communications + 44 (0) 7801 458054 |
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