CEO Ninan Chacko Is Out at Travel Leaders Group
Skift Take
Ninan Chacko's abrupt exit as CEO of Travel Leaders Group elicited "wows" across the travel industry when people heard the news. The reasons behind his departure, and what new strategy controlling shareholder Certares Management has in mind is mere speculation for now.
Ninan Chacko, who helped execute controlling shareholder Certares Management's rollup strategy for what became the largest U.S. leisure travel agency group, is out as CEO at Travel Leaders Group.
In a surprise announcement, Travel Leaders Group said that J.D. O'Hara, who has been president of the group for the past year, has been appointed CEO effective immediately, and will remain on the board. The company said Chacko, who was CEO for four years, resigned "to pursue other opportunities."
Despite the announced reason for the resignation, one source close to the company told Skift "whatever went on, it was definitely sudden." There had been no hint in recent weeks that a leadership c
