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Drew Thomson quits Air Miles as BA turns down proposed MBO.(management buyout of British Airways)(Brief Article)

Campaign

| May 07, 2004 | COPYRIGHT 2004 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Drew Thomson and Robin Wooldridge, the managing director and finance director of Air Miles, have quit the travel company after failing to agree terms of a management buyout from its BA owner.

Thomson said: 'I've always wanted to run my own company and after three-and-a-half years at Air Miles, now is the right time to move on.'

The news comes three months after the former Grey London chief executive Garry Lace was linked with Thomson and a loyalty venture in an e-mail said by Lace to be a hoax (Campaign, 13 February). It claimed that Lace ...

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