Industry veteran joins Travelzest as chairman

Industry veteran Nigel Jenkins has been named as new chairman of online travel group Travelzest as it focuses on growth in Canada.

He replaces Mark Molyneux who has stepped down “with immediate effect” to continue as a non-executive director.

Jenkins, who has been a non-executive director of Travelzest for almost two years, said: “We are now structured to take advantage of the significant growth opportunities available to us in our key market of Canada.

“Mark has led the business through a long period of change and the board thanks him for his contribution and is pleased that he continues to support the group as a non-executive director.”

Jenkins’ travel industry experience extends from his current non-executive directorship of All Leisure Group to having been a founding director of Unijet in 1981.

He joined First Choice Holidays in 1998 where he led the restructure and turnaround of its Canadian division before returning to the UK in 2004 to become managing director of its Activity Holiday Sector and a member of the group management board. Jenkins left First Choice in October 2006.

Molineux said: “We are very pleased that Nigel is taking on the role of chairman of the company and look forward to him using his extensive experience to drive the business forward.

“Nigel has been instrumental in the recent restructuring of the Travelzest group and we look forward to him playing a more pivotal role in the business.”

Meanwhile, Adrian Cobbold is appointed as finance director, having joined the group in 2010 as executive vice president of finance.

This allows chief operating officer Jack Fraser to concentrate on the operational management. His focus will be to drive its strategic developments particularly in the online area, a continuing growth opportunity for the company, a statement said.

Jenkins said: “Adrian has demonstrated both the technical skills and leadership qualities to step up to the board and Jack will be able to engage fully in the achievement of our strategic goals during the next phase of growth for Travelzest.”

Chief executive Jonathan Carroll added: “With the new team in place supporting our plans I am confident that our industry leading business units will continue to perform and achieve the levels of return expected by our shareholders.”

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