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Saga reshuffles pack after profit warning.

OVER-50S travel and insurance firm Saga has embarked on a management shake-up following a December profit warning.

The company said that managing director of tour operations Jeannette Linfoot left the business last month.

Robin Shaw, meanwhile, has been appointed to the new role of chief executive of Saga Travel after a restructure that will see tour and cruise operations combine.

Also as part of the reshuffle, Gary Duggan has taken over from Roger Ramsden as chief executive of Saga Services.

Mr Ramsden was due to take up a new role within the group but this will now "not be taken forward following the review", Saga said, adding he will leave in the first quarter.

Saga boss Lance Batchelor said: "These changes provide us with a more focused executive team as we target and invest in growth in the Saga customer base to achieve our long-term ambitions."

The reshuffle comes after Saga warned the collapse of airline Monarch had hit earnings.

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Publication:Daily Post (Conwy, Wales)
Date:Jan 5, 2018
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