Simpson Travel managing director Peter Williams has left the operator after expansion plans were put on hold.
Williams has been made redundant with immediate effect, a statement from the operator said.
“In light of the current economic climate Simpson Travel has reviewed its strategy and curtailed expansion plans for the next 18 months.
“As a result of this managing director Peter Williams, who was brought on board to steer the business through the expansion, has been made redundant with immediate effect.”
Founder Graham Simpson said: “The decision has been made to consolidate trading in the existing key markets of Greece, Corsica, Spain, Morocco and Italy and further expansion plans have been put on hold until consumer confidence is restored and the economy picks up.
“The departure of Peter Williams will not affect clients existing or potential bookings in any way and the day to day operation of Simpson Travel will continue to run as normal.”
The company was founded by Simpson after he sold Simply Travel, which he initially founded in 1978, to the former Thomson Travel Group, now TUI Travel UK.
by Phil Davies
