Tempo Holidays remains in Hearst family hands

Sunday, 02 Nov, 2006 0

Tempo Holidays has announced that the Hearst family’s ownership of the Company has been furthered strengthened with Tempo Holidays founders, Gary and Susan Hearst’s son Jeremy Hearst being appointed as Product Manager and son Antony Hearst taking on responsibilities in the finance department.

Gary and Susan recently announced that they were reducing their day-to-day management roles in the business and a new management structure which saw Steve Reynolds appointment to the newly created position of Chief Executive Officer.

Tempo has also appointed Liz Young as Operations Manager, Liz Froggatt as Industry Sales Manager, and Jennifer Cornejo as Industry Marketing Manager.   

Mr Reynolds said, “This is a robust and diverse management structure that will further elevate our industry services standards, business processes and bottom line performance”.

Jeremy Hearst has taken on responsibility as Product Manager for the Middle East and Turkey products, the destinations initially introduced by Gary and Susan Hearst when they started the business, then named Ya’lla Tours, 16 years ago.

Mr Reynolds said Jeremy had travelled widely, was independently successful in the field of construction project management in Melbourne and London, having worked on the Qantas Domestic Terminal at Melbourne Airport and Terminal 5 at Heathrow and brought considerable allied management skills to the family business.

Antony Hearst, also a Company Director, is managing international payments and foreign exchange purchasing within the Finance department.

Mr Reynolds said, “Antony and Jeremy have made a commitment to the business and as a result have generated a new energy and momentum within the organisation, this commitment demonstrating the strong desire for Tempo Holidays to remain privately owned by the Hearst Family,” adding “Tempo Holidays is secure in family ownership”.

Report by The Mole



 

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John Alwyn-Jones



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