Congratulations to David on his promotion from CFO to MD which allows Richard to resume his role as Chairman. Also fantastic news on Pete - the company completely made the right decision in keeping him as an ambassador of the brand. I do wonder however whether this restructure will stifle innovation within the business, unless of course they have a strong creative marketing and product team in place? As without innovation, the business will not continue to prosper and grow.
Up to 15 jobs are at risk of redundancy at activity holidays operator Neilson. The company said it is partly due to the reduced demand for holidays to Turkey, which earlier this year saw Neilson close two of its four Beachclubs, and also as a result of the transition to an independent business, following its buy-out from Thomas Cook in 2013. The roles affected are based across various teams at its head office in Brighton which employs just over 100 staff. Changes to its management team have also been announced.