TUI Travel deputy chief executive Peter Rothwell is to leave at the end of this month.
An announcement was made to the City this morning (Friday) confirming Rothwell’s departure after just four months after TUI merged with rival First Choice to form TUI Travel.
Rothwell, formerly TUI UK managing director, had been helping TUI Travel chief executive Peter Long to complete a 100-day review of the company.
The statement said Rothwell now felt it was appropriate to pursue interests outside of the company.
It follows speculation that Rothwell had fallen out with Long and rumours he was unhappy in the post.
As a result TUI Northern Europe managing director Johan Lundgren will join the PLC board with immediate effect as an executive director.
TUI Travel chairman Michael Frenzel said: “Peter Rothwell has been an integral part of TUI Travel and drove enormous change throughout the organisation. I am sure 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.”