Today Thomas Cook’s chief executive Peter Fankhauser apologised for the 180-year-old travel company’s collapse. But in the wake of the news, which has resulted in the world’s largest peacetime repatriation, UK prime minister Boris Johnson has questioned whether company execs are properly incentivised to avoid bankruptcy. A little over a decade on from the company’s previous near-miss with closure, investors decided its time had finally run out. Mr Johnson said …
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Source: The Loadstar
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