Soskin steps down as Cheapflights CEO
A board shake-up at Cheapflights has seen founder and CEO step down to become vice-chairman.
Group managing director since 2005, Chris Cuddy assumes the role of CEO.
Soskin, who co-led a management buy-in in 2000 funded by a small group of private investors, remains on the board and will continue to represent the interests of existing shareholders as the Company contemplates its “liquidity optionsâ€.
He said: “As an entrepreneur with experience in successfully building early stage businesses, I recognise that Cheapflights has now grown into not only an international business, but also one of a size that requires a different style of management.
“When bringing Chris on board, it was clear that his technology background, his experience with major US dotcoms and leadership abilities would be of enormous benefit to the company.
“Several years on, Chris has amply justified our decision. I am confidently turning over my role – and Cheapflights – into the safest of hands as the company enters a new era.”
Cuddy said: “The Cheapflights Group now has in place experienced management teams both here and in North America whose technology, internet media and travel industry expertise are second to none.
“Furthermore, with the recent appointment of John Clare as non-executive chairman, and with the continued contribution of David Soskin as vice-chairman, we have an exceptional board.
“Over the past eight years, David has built an international company with outstanding technology and a robust financial platform from which to embark on its next phase of growth.
“I am very excited at the prospect of building on his work and creating an expanded and pre-eminent international internet media brand.”
by Phil Davies
Phil Davies
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Hands In, UATP join forces for airline multi-card payments
Overseas travelers to the United States declined by 2.5% in 2025