BA director takes helm at Thomson Travel
Friday 05 November 1999
Mr Gurassa is currently BA's director of passenger and cargo business. He had been touted as a successor to Bob Ayling, the airline's chief executive, but was unexpectedly dropped from the inner circle after a shake-up, instigated by Mr Ayling, in September.
In January, he will fill the Thomson role, which was vacated by Paul Brett in July following a gloomy profit warning, and which has since been filled by Roger Burnell, formerly the group's chief operating officer. It is understood that Mr Burnell was "disappointed that he didn't get the job", but will stay on for a few months to ensure a smooth handover. Peter Long, the chief executive of rival First Choice and Mark McCafferty, the head of the Avis car rental group, had also been touted as possible candidates.
It is expected that Mr Gurassa's salary and bonus package will be about pounds 600,000.
Thomson also said yesterday that its non-executive chairman, Michael Brown, would stand down at the group's annual meeting in April.
Shares in Thomson closed up 1p at 93p.
- 1 Woman accidentally shoots herself in the head while posing for a selfie
- 2 Art Garfunkel: Paul Simon is a 'monster' with a Napoleon complex
- 3 Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
- 4 Female Muay Thai champion hustles coaches to give them a beating
- 5 Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises
Isis 'jihadi bride' claims forced sex with Yazidi girls is never rape because Koran condones it
Woman accidentally shoots herself in the head while posing for a selfie
Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises
16-year-old girl beaten and burned alive by lynch mob in Rio Bravo, Guatemala
As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
Scotland may have to leave the EU even if it votes to stay in, David Cameron confirms
The day that Britain resigned as a global power
Almost a third of school pupils believe 'Muslims are taking over our country', study claims
SNP fury as HS2 finds 'no business case' for taking fast train service to Scotland
Gay marriage 'Bert and Ernie' cake bakery found guilty of discrimination in Northern Ireland
iJobs Money & Business
£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...
£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...
£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...
£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...