Richard Singer has been named as the new managing director of Monarch Holidays and Richard Jewsbury appointed to the newly created role of chief corporate development officer of Monarch Group.
Jewsbury has more than 20 years’ airline experience, most recently with Emirates as head of projects and performance development within the enterprise transformation team.
Singer joins from Travelzoo where he worked for five years as president, Europe. Prior to this he held senior positions at Telegraph Media Group, including general manager of travel where he led all commercial, editorial and product functions.
The announcement comes after Monarch revealed it was “reviewing the current business model” in its latest accounts on Companies House.
Singer replaces Richard Francis who is moving to the role of deputy chief financial officer at Monarch Group. Francis will remain on the Group Executive Committee with a focus on the finances of the Airline, Holidays and Engineering divisions of the Group.
Jewsbury said: “I am thrilled to be joining Monarch, one of the UK’s leading independent travel groups and trusted airline brands. It is a privilege to be part of the resurgent Monarch team, post the successful restructuring and with the imminent arrival of the new Boeing 737 MAX-8 fleet.”
Singer said: “I’m delighted be joining the Monarch team at such an exciting phase in its 50 year history. To become part of one of the most respected and well-known brands in travel is a tremendous opportunity. I’m looking forward to using my experience in marketing, product and distribution to ensure that Monarch Holidays becomes an even more significant part of the group.”
Chief executive Andrew Swaffield, said: “I would like to welcome both Richard Jewsbury and Richard Singer to the Monarch team and the Group Executive Committee.
“We are very excited to have them on board to help us with the next very exciting part of the Monarch journey as we prepare to take delivery of our new aircraft, celebrate our 50th anniversary and grow Monarch Holidays. Both of them bring a wealth of industry experience to the business with proven track records and considerable skills. Together with our existing Executive Committee members, I know that we now have an excellent team in place to accelerate the development of the company in the coming years.
“I would like to thank Richard Francis for all his work as Managing Director of Monarch Holidays during the last two years, in particular overseeing the brand transition, the introduction of new IT systems and the start of our growth plan. I am delighted that he will be assuming the new position of Deputy CFO, bringing his extensive financial experience to the role.”