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Cosmos MD to leave
Cosmos managing director Terry Williamson is leaving for a new role with a schools and groups business.
He will join Brighton-based STG Group as chief executive officer.
“I was approached by the venture capital owners, Bomark, to take on the role. Earlier in my travel career I worked in schools and groups for Quest Leisure Travel and now I am returning to this sector,” said Williamson.
His departure has prompted a decision to combine Cosmos Coach Tours and Cosmos Holidays.
Paul Jolliffe, managing director of Cosmos Coach Tours, will take on the role of managing director of the combined businesses.
Jolliffe said: “There are overwhelming operational benefits from combining our air and coach businesses and using the group synergies that exist across the companies.”
Williamson said the decision to combine the businesses was taken following his resignation over a month ago.
“I was not booted out!” he said. “It was all very amicable. Since my resignation we have been reviewing how to structure the business and it makes sense to bring the managememt together. A lot of the management team will be taking on new responsibilities and this will be announced next week,” he said.
“It’s been a tough time for the industry but the Cosmos business is in good shape. We’re in a much better position than we were five years ago.”
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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