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Anth Mooney quits Thomas Cook
Thomas Cook’s UK chief of retail and money Anth Mooney has decided to leave the business as it announces a review of Thomas Cook Money.
Proposals under consideration include aligning the leadership and operations team more closely with the tour operating business, said Thomas Cook.
It said it wanted to drive greater efficiencies across the business and intensify management focus on those areas that will deliver highest returns.
The review is being headed by chief of tour operating Will Waggott who joined Thomas Cook in early March. He will work with the Thomas Cook Money leadership team over the coming weeks to agree a plan for the next phase of development, said the company.
Waggott announced last week that a further 21 shops are to close with a loss of up to 320 jobs.
Thomas Cook chief executive officer Peter Fankhauser said: "The review of Thomas Cook Money will now consider how we focus our resources in those areas that give us the greatest opportunity to make a difference to customers in our core holiday offering.
"I would like to thank Anth for his contribution over the past two years, integrating our financial services offer with our retail network and providing a platform for future progress."
In the last two years, Mooney has ‘rebooted the financial services offering under Thomas Cook Money’, said Thomas Cook, delivering products including Lyk, Thomas Cook’s pre-pay travel cards and Roam holiday insurance, and integrating them into the retail network.
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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