Kuoni Travel Group CEO Peter Rothwell is to leave at the end of this month “following the decision of the Board of Directors”.
The group said Rothwell, who joined at the start of 2009, has “successfully transformed (Kuoni) into a leading, global, and broad-based travel service provider.
“The Board of Directors thanks Peter Rothwell for having led the Kuoni Group through this transformation, which has now been largely completed,” it said in a statement.
Group chief financial officer Peter Meier will become CEO with immediate effect, on an ad interim basis, in addition to his finance role.
Kuoni has already begun recruiting for a new Group CEO, and said an appointment is expected to be announced in the course of 2013.
