Harriet Green makes top 50 list of powerful businesswomen

Saturday, 11 Oct, 2013 0

Thomas Cook chief executive Harriet Green has been named as one of the world’s most powerful businesswomen by Fortune magazine.

She has entered the top 50 list for the first time, along with 11 other newcomers.

Green, who has helped Thomas Cook’s business turn around, is 18th in the top 50.

Fortune said: "Green, 51, cold-called the group’s chairman Frank Meysman and convinced him to hire her to run the 172-year-old travel firm, after the previous chief executive left under a cloud of losses and debt.

"The company is bouncing back just 14 months into her stint, after she undertook a complex $2.6 billion refinancing deal (which was oversubscribed), and a digital overhaul of the $15-billion-in-revenue business.

"Since Green, a medieval history major, took over, shares have soared tenfold and market capitalisation has jumped from $243 million to $3.7 billion."

Meanwhile, EasyJet chief executive Carolyn McCall has moved up to ninth position from 35 in the Fortune list last year.



 

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Bev

Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.



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