The CEO of the German travel group Tui, Fritz Joussen, unexpectedly resigns. The company announced this on Friday. He will be succeeded by current financial director Sebastian Ebel.
Joussen will leave on September 30, after ten years at the helm of the company. His term of office ran until 2025.
With Joussen at the wheel, Tui ended up in a serious crisis during the pandemic. The travel group had to be kept afloat with government support. In the meantime, the company can once again take advantage of the desire to travel among many consumers.
Tui is the largest travel company in the world.