12 February 2013
MEDIA RELEASE
Jasons Travel Media Accepts CEO Resignation
Jasons Travel Media today announced the resignation of its Chief Executive,
Kevin Francis, effective 13 May 2013.
Board Chairman John Sandford said he has accepted Mr Francis'' resignation
with sadness following an exciting period of change within the company.
"It''s with real regret that the Board of Jasons has accepted Kevin''s
resignation", said Mr Sandford. "His departure is for personal reasons and he
is very sorry to be leaving the tight-knit team at Jasons.
"Kevin''s extensive knowledge of quality management, technology and digital
marketing has helped re-shape the face of Jasons over the past 18 months. His
exemplary performance has seen him engage really well with our customer base,
build a highly talented new executive team in the company, and create and
lead significant strategic change to restructure and refocus the business
around its core functions. Ironically, the work that Kevin has done in
restructuring the business and delegating authority means that his departure
will be far less disruptive than it might otherwise have been.
Mr Francis says that due to personal circumstances, he needs to focus his
energies elsewhere and is unable to offer Jasons the commitment that the role
of CEO demands.
"Jasons has been an exciting and rewarding role for me," said Kevin Francis.
"We''ve made significant changes to the direction, structure and overall
strategy to ensure that we continue to bring to market the unique multi
channel capabilities that no other travel media company in New Zealand can
offer. The year ahead looks very positive in realising the benefits of these
changes and I will be working with my Chairman and Board on a transition plan
over the following few months.
"I am not engaged in other career opportunities. I am a committed supporter
and shareholder of Jasons and do not intend to sell my shares in the
company", he said.
Meanwhile John Sandford says the Board and staff of Jasons will be sorry to
see Kevin leave.
"We sincerely thank Kevin for his diligence, progress and care with our
business. The Board will now undertake a review of future requirements and
expects to announce its plans regarding the transition early next month."
Jasons Travel Media is a multi-channel media company specialising in exciting
and dynamic sectors - travel, tourism and leisure.
Ends
For further information please contact:
John Sandford, Chairman
Cell: 021 926 942
End CA:00232841 For:JTM Type:OFFICE Time:2013-02-12 16:13:09