Peter Rothwell, deputy chief executive at TUI Travel, steps down

TUI Travel PLC has announced that Peter Rothwell, deputy chief executive of TUI Travel, has decided to leave the company, effective Dec. 31.

Rothwell stepped down from the TUI Travel board on Dec. 21, when the announcement was made.

According to an official statement from TUI Travel, "Peter believes that having helped Peter Long, chief executive, during the 100-day review, the time is now appropriate for him to pursue other interests outside of TUI Travel PLC."

Johan Lundgren, managing director of TUI Northern Europe, has joined the TUI Travel board as an executive director.

"Peter Rothwell has been an integral part of TUI Tourism and drove enormous change throughout the organization," Michael Frenzel, chairman of TUI Travel PLC, said in a statement. "I am sure that he will make a similar valuable contribution as he pursues his interests in the future and would like to thank him for all he has done and wish him every success outside TUI Travel."

No replacement has been named for Rothwell.

To contact the reporter who wrote this article, send e-mail to Michelle Baran at [email protected].

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