Thomas Cook Regulatory News (TCG)

Thomas Cook brings in Will Waggott as Chief of Tour Operating

Thomas Cook has today announced that Will Waggott will join the Group as Chief of Tour Operating on 11 March 2019.

This appointment recognises the need to accelerate the execution of Thomas Cook's strategy of differentiation: investing in strengthening the own-brand hotel portfolio; further digitising sales channels; and driving greater efficiencies across the business.

Will Waggott brings more than 20 years of experience in the global travel industry most recently as CEO of Travelopia, a leading specialist travel group spun out of TUI in February 2017. He started his career in the leisure travel industry at Airtours, before joining Thomson Travel Group in 2001. Will subsequently held a number of senior roles at TUI including Commercial Director, before being appointed Chief Financial Officer of TUI Travel in 2010.

Will's responsibilities in his new role will extend across the tour operator businesses, with oversight of the UK, Continental Europe and Northern Europe. His immediate focus will be to address the performance in the UK Tour Operator where the challenges of transformation in a competitive environment remain significant.

Peter Fankhauser said "Will Waggott brings substantial experience in operating and transforming leisure travel businesses. This expanded role will deliver a more streamlined and consistent approach across our tour operating business, while at the same time giving renewed focus to the UK market."

-ENDS-

About Thomas Cook Group Plc.

Thomas Cook Group plc. is one of the world's leading leisure travel groups, with sales of £9.6 billion in the year ended 30 September 2018. It is supported by 21,000 employees and has 200 own-brand hotels. It operates from 16 source markets and serves over 22 million customers annually. Thomas Cook Group plc's shares are listed on the London Stock Exchange (TCG).

Contact Details:

Chris Alfred

Senior Financial Communications Manager

Thomas Cook Group plc

Phone: +44 207 294 7203

E-mail: chris.alfred@thomascook.com