Journal: TWUK | Section: |
Title: | Issue Date: 23/10/00 |
Author: | Page Number: 88 |
Copyright: Other |
Newbold quits Iglu.com post
SKI INTERNET site iglu.com has parted company with chairman Charles Newbold and appointed Crystal Holidays founder Peter Dyer as a non-executive director.
A spokesman for the company said former Thomson Holidays managing director Newbold left by mutual consent, while Dyer will work one day a week as a representative of the venture capital arm of Barclays, which recently invested £2 million in the site.
Barclays and GECapital, which originally invested £3 million in iglu.com, are the majority shareholders.