TUI Travel CEO Peter Long has had his contract extended until August 2014 by the group’s Board.
Long, aged 59, initially had a contract that was due to expire this year.
TUI’s Supervisory Board also decided to extended the contract of TUI AG CEO Dr Michael Frenzel (aged 64) by two years to March 2014.
The contract was originally set to expire in March 2012.
By Bev Fearis
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