Fritz Joussen becomes sole CEO of TUI Group
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Fritz Joussen has been appointed sole CEO of TUI Group, following the expiration of joint CEO Peter Long’s tenure.
Long has been elected to the Supervisory Board of TUI AG during the company’s Annual General Meeting held in Hanover this week.
Until December 2014, Peter Long was CEO of TUI Travel PLC, TUI’s tourism subsidiary created through the merger between First Choice and TUI AG’s tourism division in 2007.
Following the merger between the British subsidiary and the German parent company, he then became one of the two Joint CEOs of the newly formed TUI Group alongside Joussen in December 2014. When the merger was completed at the end of 2014, it was decided that Joussen was to become sole CEO after the end of a transitional year of joint management by two Co-CEOs, and that Peter Long was going to step down from his role on the Executive Board.
TUI is the world’s number one integrated tourism group, employing 76,000 people in more than 100 countries.
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