MyTravel Group plc today announces the resignation of Kazia Kantor as group finance director with immediate effect. She is succeeded on an interim basis by John Darlington, who will act as chief financial officer while arrangements are made to appoint a permanent successor….
MyTravel Group plc today announces the resignation of Kazia Kantor as group finance director with immediate effect. She is succeeded on an interim basis by John Darlington, who will act as chief financial officer while arrangements are made to appoint a permanent successor.
Chairman Eric Sanderson said: Kazia joined the board of MyTravel in 2002 as a non-executive director. She took on the role of group finance director at a critical point for the company in November 2002 and has played a vital part in carrying out our strategic review and putting in place the refinancing which enables us to implement our turnaround plan. We are all very grateful to her for stepping into this position, completing these tasks and seeing us through a difficult period.
Group chief executive Peter McHugh said: With our refinancing in place, Kazia is able to relinquish her post, and I am delighted that in John Darlington we have someone who has the skills and experience to serve as interim chief financial officer in our turnaround phase. Meanwhile the Board will put in hand arrangements for finding a successor as finance director for the longer term.
John Darlington is a turnaround specialist whose most recent appointment was as Special Adviser to the Group Board at HP Bulmer Ltd 2002-03, where he also had responsibility for the group finance function.
John Darlington has worked on a number of turnaround situations, including HP Bulmer Ltd, NMEC Ltd (the Millennium Dome) and the Robinson Group of Companies. He is a founding member and director of the Society of Turnaround Professionals. His previous experience includes a period as Finance Director of the British
Shoe Corporation. He qualified as a chartered accountant with Price Waterhouse in 1982.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
