HOLIDAY giant Thomas Cook revealed a boardroom clear-out – as the firm seeks a fresh start to turn around the ailing business.
The 170-year-old company, which came close to collapse in November after dire trading forced it to turn to its banks for more financial help, said longest-serving non-executive directors David Allvey, Bo Lerenius and Peter Middleton will retire after the annual meeting on February 8.
It comes after Thomas Cook unveiled plans to close 200 stores with the loss of hundreds of jobs after the impact of the Arab Spring and low consumer confidence.
