Peter Meier has been named as new chief executive of Kuoni Group, stepping up from the role of chief financial officer.
He has led the company as interim chief executive since last June following the departure of former chief Peter Rothwell.
Thomas Peyer, previous finance chief of the Global Travel Services (GTS) division, is named as chief financial officer.
In addition, Jens Güthoff has been appointed to the position of chief information officer.
The top management changes come ahead of Kuoni Group publishing its results for the 2013 financial year tomorrow (Tuesday).
Kuoni chairman Henning Boysen said: “In recent years, Peter Meier, with his great expertise and experience, has contributed immensely to Kuoni Group’s successful transformation, and since last June has led the company convincingly and successfully as interim chief executive .
“I am very pleased that Peter Meier has decided to accept the board’s offer and take over the role of chief executive permanently.”