Travel services provider Thomas Cook India has re-designated its present MD Madhavan Menon as Chairman and Managing Director, effective January 1, 2016. The board of Directors has announced the appointment of Sunil B Mathur and Nilesh S Vikamsey as additional non-executive independent directors of the company, effective December 23, 2015. The board has considered and accepted the resignation of Mahendra Kumar Sharma, non-executive chairman (independent), with effect from close of business hours of December 31, 2015.
Thomas Cook (India) is promoted by Fairfax Financial Holdings Ltd through its wholly-owned subsidiary, Fairbridge Capital (Mauritius) Ltd and its controlled affiliates. Fairbridge is responsible for execution of acquisition and investment opportunities in the Indian subcontinent on behalf of the Fairfax family of companies.
Thomas Cook
- Thomas Cook (22 November 1808 – 18 July 1892) of Melbourne, Derbyshire, England founded the travel agency Thomas Cook & Son (popularly nicknamed Cook’s Tours) that became Thomas Cook AG before eventually becoming Thomas Cook Group in 2007.
- The group owns a number of tour operators, as well as charter airlines based in the United Kingdom, Belgium and Scandinavia.
- Thomas Cook also owns the scheduled airline Condor and booking website Hotels4u.
- Thomas Cook Group operates in five main divisions, UK, Central Europe, German airlines, West Europe and Northern Europe.