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
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