Warren Tucker has decided to step down from the board of Thomas Cook Group because of commitments elsewhere.
In a statement today, Thomas Cook said: “The decision has been taken to allow Warren to manage his increased non-executive commitments, following the announcement by Reckitt Benckiser Group plc this morning that Warren will remain on its board and audit committee for an additional 12 months from its 2019 AGM, having previously intended to retire and step down.
“Warren’s other non-executive commitments include Tate & Lyle plc, Survitec Limited and the Foreign & Commonwealth Office.
“He will accordingly retire as a non-executive director of the company with effect from 9 May 2019, being the date of Reckitt Benckiser Group plc’s AGM.”
Frank Meysman, Thomas Cook Group chairman, said: “On behalf of the board, I would like to thank Warren for his many valuable contributions to the board over the past six years.”
Tucker was appointed as an independent non-executive director in October 2013 and became chairman of the remuneration committee in February 2014.
He has experience in the travel industry, international business and strategic transformations.
From 2003 until 2013, he was chief financial officer of manufacturer Cobham.
He is a chartered accountant and has previously held senior finance positions at British Airways and Cable & Wireless, and as non-executive chairman of PayPoint plc.