Kuoni adopts new customer-focused corporate structure

Kuoni adopts new customer-focused corporate structure

ID: 6152

(Thomson Reuters ONE) - Kuoni is restructuring its entire group to create a morecustomer-focused organisation. This is the first fundamentalreorganisation for decades changing the Kuoni Group from adecentralised to a functional organisation. The changes are anintegrated part of the investment and cost reduction programme thatwas launched at the beginning of 2009. The new group structurefeatures two Market Regions, North and South, and a singleProcurement & Production Unit for both market regions. Destinationsremains as a global Division. The new organisation focuses onmarketing and sales and on the efficiencies offered by globalprocurement and production, and will deliver substantial costsavings.It also entails changes to the Group Executive Board as of October2009: Leif Vase Larsen and Stefan Leser will head up the MarketRegions North and South respectively; the new Procurement &Production Unit will be headed by Rolf Schafroth, in addition to hisexisting duties as Head of Destinations; and all three will serve onthe Group Executive Board together with CEO Peter Rothwell and CFOMax E. Katz. Reto Wilhelm leaves the Group Executive Board and theKuoni Group. "This new organisation, which focuses on marketing andsales on the one hand and procurement and production on the other,will provide us with more customer focus, further growthopportunities, improved profitability and efficient cost management,"said Peter Rothwell, CEO of the Kuoni Group.For full documents please see attached links.For further information:_________________________________________Laurence BienzHead Investor RelationsKuoni Travel Holding Ltd.T +41 44 277 4529laurence.bienz(at)kuoni.comhttp://hugin.info/100268/R/1343307/321757.pdfhttp://hugin.info/100268/R/1343307/321758.pdfhttp://hugin.info/100268/R/1343307/321759.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 24.09.2009 - 07:00 Uhr
Sprache: Deutsch
News-ID 6152
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