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Southall Travel Group Promotes Jaymin Borkhatria to chief commercial officer role

One of the UK’s leading travel companies, Southall Travel Group promoted its present sales director Jaymin Borkhatria as the company’s chief commercial officer with effective from November 1.

As a chief commercial officer of the group, Jaymin will be responsible for the company’s brands such as Southall Travel, Away Holidays, Travel Trolley, and the latest brands ST Fly and ST Sports. He will also lead B2B brands, Applehouse Travel, and The Holiday Team.


Jaymin joined the company in 2005 as Sales Manager leading the firm to new highs, the company said. 

Southall Travel company began its operations in 1984 and now it has turned into a biggest travel firms in the UK. It was named in the 11th annual Sunday Times Grant Thornton Top Track 250 league table.

Commenting on the latest promotion cum appointment, Kuljinder Bahia chief executive at Southall Travel said, Since 2005, Jaymin has played a significant role in the growth of the company’s business and he feels happy to congratulate the newly promoted officer. 

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Frasers slams Debenhams over £222 million pay scheme

Highlights

  • Debenhams pushes ahead with executive pay scheme worth up to £222 m without shareholder approval.
  • CEO Dan Finley could earn up to £148 m if share price reaches £3 over next five years.
  • Frasers Group, holding 29.7 per cent stake, calls move "utterly disgraceful" amid long-running corporate tussle.
Struggling British online fashion retailer Debenhams has sparked outrage from its biggest investor after deciding to implement a new executive pay scheme worth up to £222 million without seeking shareholder approval.

Frasers Group, which holds a 29.7 percent stake in Debenhams, condemned the move through its chief financial officer Chris Wootton on Thursday. "Typical corporate governance from them, utterly disgraceful," Wootton said, criticising the retailer's decision to bypass investors.

Under the new incentive scheme, Debenhams CEO Dan Finley could earn up to £148 m and CFO Phil Ellis up to £14.8 m if the company's share price hits £3 over the next five years. Debenhams shares were trading at 22.25 pence on Thursday, down 3.3 percent.

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