Marco Corradino communicates intention to not stand for re-election as lm Group CEO at the next Annual General Meeting to be held on 22nd June 2021. Andrea Bertoli, Managing Director of the OTA business, appointed deputy CEO.

Written by lm-admin on . Posted in Regular Press Releases.

Amsterdam / Chiasso, 16 February 2021 – lm holding, a European leader in the online travel and leisure industry, today communicates the intention of Marco Corradino to not stand for re-election as lastminute.com N.V. Executive Board Member for the next 2021 mandate.

lm holding closes 2020 with a solid cash position and sells the loss-making business of Destination Italia. A pool of investors expressed an interest for a minority stake in Freesailor, the investment vehicle controlling lastminute.com N.V.

Written by lm-admin on . Posted in Regular Press Releases.

Amsterdam / Chiasso, 9 February 2021 – lm holding, a European leader in the online travel and leisure industry, today releases the preliminary, unaudited full-year results 2020, communicates the sale of Destination Italia and the intention to adopt a new Incentive Plan for key employees and Executive Directors.

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