Coup at Kuoni as chief executive forced out

Coup at Kuoni as chief executive forced out

Directors at Kuoni Travel Holding have appointed group chief financial officer Peter Meier to the position of chief executive of the Kuoni Group with immediate effect, on an interim basis.

Following the decision of the board Peter Rothwell, group chief executive, will be leaving Kuoni after a handover at the end of June 2013.

A new group chief executive is expected to be appointed in the course of 2013.

Rothwell joined Kuoni at the beginning of 2009.

During the past four years, Kuoni has been successfully transformed into a leading, global, and broad-based travel service provider.

Peter Meier will take over this position as of tomorrow in addition to his role as chief financial officer.

The recruiting process for the new chief executive is underway and an appointment is expected to be announced in the course of 2013.