Mumbai: May 29, 2018: The Board of Thomas Cook (India) Ltd. at its meeting of May 29, 2018, approved the elevation of Mr. Mahesh Iyer as an Executive Director to its Board of Directors. Mr. Iyer’s appointment is effective from May 29, 2018 for a period of 5 years, subject to the approval of shareholders at the ensuing AGM.
In addition to his role as Executive Director, Mr. Iyer will continue as Chief Executive Officer of Thomas Cook (India) Ltd., with direct responsibility for the Company’s P&L, day to day operations of the Company, strategic planning, management of key relationships, as well as building a sustainable growth oriented organisation that maximises value for all its stakeholders.
The elevation represents a vote of confidence in Mr. Mahesh Iyer, who has led Thomas Cook India through a period of significant and sustained growth, organic and inorganic, earlier as its Chief Operating Officer and currently as Chief Executive Officer.
Mr. Madhavan Menon, Chairman & Managing Director, Thomas Cook (India) Ltd. said, “I am delighted with Mahesh’s appointment to the Board of Directors. Mahesh, a Thomas Cook India veteran of 23 years, has been helming the company as CEO, driving strong growth, partnerships, and tremendous product innovation.”
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