Two of the leading management team of Thomas Cook in Germany have resigned.
Stefan Pichler and Norbert Kickum have resigned their posts following an executive board meeting. They will leave the company immediately.
A spokesman for the company in the UK told TravelMole that the resignations were due to the pressure placed on the company by the continuing poor economic climate.
Peter Gerard and Dr Karl-Ludwig Kley take over as chief executive and chief finanical operator in the interim.
