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TUI boss Joussen:
Photo:
Daniel Bockwoldt/ DPA
The travel group TUI loses its longtime boss.
The company announced in Hanover that the chairman of the board, Fritz Joussen, had exercised his right to resign from his position as a member of the board as of September 30.
The Executive Committee of the Supervisory Board proposes the previous CFO Sebastian Ebel as his successor.
His position is to be taken over by the previous head of controlling, Mathias Kiep.
Joussen joined TUI a decade ago.
His contract actually ran until September 2025. During his tenure, the group fell into a serious crisis due to the pandemic and was also supported with billions in government aid.
The company is now benefiting from the increasing demand for travel.
Before his career at TUI, Joussen, who was born in Duisburg, was head of the German division of the telecommunications group Vodafone.
atb/dpa/Reuters
