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TUI Travel chairman to step down

By BFN News | 03:08 PM | Wednesday 13 February, 2013

TUI AG's out-going chief executive Michael Frenzel will step down as chairman of TUI Travel at the next board meeting scheduled for 25 March. The position will be filled by TUI AG's new CEO, Friedrich Joussen. At 3:08pm: (LON:TT.) share price was +2.95p at 317.05p Story provided by