TUI AG: Peter Long is intended to become Vice Chairman of TUI AG Supervisory Board
August 30 2017 - 9:01AM
UK Regulatory
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release.
TUI AG / Directorate change
TUI AG: Peter Long is intended to become Vice Chairman of TUI AG Supervisory
Board
30-Aug-2017 / 16:00 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*Peter Long is intended to become Vice Chairman of TUI AG Supervisory Board*
It is the intention that Peter Long will move to the position of Vice
Chairman of the TUI AG Supervisory Board after the 2018 AGM. After much
consideration, including taking into account the complexities of the German
governance structure, Peter Long has concluded that it would be in the best
interests of the Group for him to serve as Vice Chairman. As a result, he no
longer intends to become the Chairman of TUI AG's Supervisory Board.
Peter Long will take over the role from Sir Michael Hodgkinson, who will
retire at the end of the AGM in February 2018 from the Supervisory Board.
Furthermore Peter Long will continue to be the Chairman of the Strategy
Committee of the Supervisory Board.
Since 2016 Peter Long has been a member of the Supervisory Board of TUI AG.
Before that he was Co-Chief Executive of TUI AG after he held the position
of Chief Executive of TUI Travel PLC which he led into the merger of TUI AG
at the end of 2014.
Prof Dr Klaus Mangold, Chairman of the Supervisory Board, thanked Peter Long
and said: "Peter Long has made a major contribution to TUI and the tourism
industry worldwide. I am pleased that he will continue to support us with
his expertise."
Peter Long said: "I remain committed to contributing to TUI's continued
success. I am delighted to have been asked by the Supervisory Board to
succeed Sir Michael Hodgkinson as Vice Chairman when he steps down next year
and look forward to delivering further value to the Supervisory Board."
TUI AG, Hanover/Germany, 30 August 2017
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de/ukreg
Language: English
Company: TUI AG
Karl-Wiechert-Allee 4
30625 Hannover
Germany
Phone: +49 (0)511 566-1425
Fax: +49 (0)511 566-1096
E-mail: Investor.Relations@tui.com
Internet: www.tuigroup.com
ISIN: DE000TUAG000, DE000TUAG281, DE000TUAG299
WKN: TUAG00 , TUA G28, TUA G29
Listed: Regulated Market in Hanover; Regulated Unofficial Market in
Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate
Exchange; Open Market in Frankfurt; London
Category Code: BOA
TIDM: TUI
LEI Code: 529900SL2WSPV293B552
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 4580
End of Announcement EQS News Service
605445 30-Aug-2017
(END) Dow Jones Newswires
August 30, 2017 10:01 ET (14:01 GMT)
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