Two UK CEOs leave Thomas Cook
Thomas Cook has confirmed that two more top executives will be leaving the travel firm at the end of the year.
Ian Ailles, chief executive officer for Thomas Cook UK & Ireland and Phil Aird-Mash, CEO of Independent Businesses are to step down at the end of 2012.
A spokesman for Thomas Cook said: "We have been very open about the fact that we are undertaking a wide reaching business review as part of our on-going transformation, with a particular focus on our UK operation.
"As part of that review, led by new UK CEO Peter Fankhauser, we can confirm that both Ian Ailles and Phil Aird-Mash, the CEO’s responsible for our UK and Ireland business will be leaving at the end of the year.
"Ian and Phil are both very supportive of our ongoing transformation work and will work closely with Peter Fankhauser and the wider leadership team to ensure a smooth and successful transition.
Peter Fankhauser, CEO OF Thomas Cook Continental Europe, UK & Ireland said: "We are at an important point in the evolution of our UK business and will be accelerating our turnaround plan to benefit from the positive momentum already created.
"I’d like to thank both Ian and Phil for their work in laying the foundations of our UK transformation and for their personal commitment to the company. We wish them both well in their future business endeavours."
Diane
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