News: Thomas Cook India rejigs top management


Thomas Cook India rejigs top management

Madhavan Menon has been named executive chairman of Thomas Cook India, while Mahesh Iyer has been promoted to MD and CEO.
Thomas Cook India rejigs top management

Travel services provider Thomas Cook (India)  has announced a leadership change. The company has appointed Madhavan Menon as Executive Chairman while Mahesh Iyer has been elevated to managing director and chief executive. Iyer has been serving the company as executive director and CEO since 2017.

The appointment and re-designation of Menon and Iyer have been approved by the company's board of directors.

Iyer’s appointment as MD will be effective for a period of five years effective July 5, 2023, to July 4, 2028.

Further, the board approved Menon's continuation as executive chairman on attaining the age of 70 years on February 12, 2025, during his tenure, according to a company statement.

Their elevation to the new roles is subject to the approval of shareholders of the company at the ensuing 46th Annual General Meeting scheduled on August 23.

Thomas Cook is available at more than 234 locations (including 17 airport counters) in 92 cities across India, Mauritius and Sri Lanka.

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Topics: Leadership

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