Amerasekera to quit in wake of Preussag bid

Director of group corporate communications for the Thomson Travel Group, Russell Amerasekera, is set to quit the tour operator in the wake of the pounds 1.8 billion takeover bid by German conglomerate Preussag.

Director of group corporate communications for the Thomson Travel

Group, Russell Amerasekera, is set to quit the tour operator in the wake

of the pounds 1.8 billion takeover bid by German conglomerate

Preussag.



The bid was agreed by the TTG board last month and an offer document is

to be sent out to shareholders next week. If the deal goes through TTG

will become a subsidiary of the Frankfurt-listed Preussag.



According to Amerasekera, who plans to leave in August, the reason for

his departure is largely due to the loss of TTG’s London listing. ’The

Preussag bid has cemented my view to move on to pastures new,’ he

said.



Amerasekera has been with TTG for four years. He was originally

communications director for Thomson Holidays before being promoted in

June 1998 to group director prior to its flotation.



Amerasekera reports to chief executive Charles Gurassa. He has a

corporate communications staff of five and is indirectly responsible for

30 communications staff across TTG brands including Thomson Holidays,

Lunn Poly and Britannia Airways.



According to Amerasekera, Gurassa is in discussions with Preussag over

the future of TTG’s London-based corporate communications.



’They are looking at existing resources to decide if there will be a

need for a corporate role. It is expected that the corporate team will

be reduced and my role will not be replaced,’ he said.



TTG has used the Maitland Consultancy since its flotation and

Amerasekera said opportunities would be explored to maintain the

relationship.



Amerasekera has an ’open mind’ about his future and says he is

considering continuing to handle corporate communications for a UK or

US-listed company or alternatively working for a financial agency.



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