Monarch chief quits
Monarch Group CEO Conrad Clifford is to step down from his role with immediate effect.
He had only been in the role for around 18 months.
A statement from the group said the process is well underway to find a replacement CEO.
In the meantime, executive chairman Iain Rawlinson will assume responsibility for the Monarch Group.
Rawlinson said: "On behalf of the shareholders I would like to thank Conrad for the contribution he has made to the group this last year.
"He leaves with our very best wishes for the future. We are already engaged in the process of finding a replacement, with a strong focus on the airline growth plan, and unlocking the full benefits of Monarch being a unified travel group.
"The Group has made a satisfactory start to the new financial year, with the performance of our three operating divisions in line with the business plan."
by Bev Fearis
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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