Neil Morris, chief commercial officer, and Michelle MacMahon, chief financial officer, have resigned from Thomas Cook and will both leave the company by the end of the year.
Morris (pictured) joined Thomas Cook last year after stepping down as strategic planning director for Tui Travel in 2010. His role was to review the UK’s yield and discounting strategies as well as its aviation and capacity planning. He has left to “pursue new challenges” and will leave at the end of October.
MacMahon was appointed chief financial officer for the UK and Ireland in April 2011, having been with the company for 13 years in senior financial positions. She made the decision in May to find a role that would allow her to be based permanently in London. She will leave the business in December.
Staff were informed of the two departures this morning.
A Thomas Cook UK & Ireland spokeswoman said: “Michelle and Neil have been in discussions about their future plans for some time and we respect their choices and sincerely thank them for their contributions.”
The appointment of Thomas Cook UK chief executive Peter Fankhauser was announced last week. He is due to officially take up his new role on November 1. New group chief executive Harriet Green hinted at a major management restructure at Thomas Cook following a pre-close trading call at the end of September.