Ambassadors Group CEO Resigns

On Monday after close of trading, educational "travel experiences" provider Ambassadors Group (NASDAQ: EPAX  ) announced that President and CEO Jeffrey D. Thomas has resigned. Also resigning is Margaret M. Thomas, the company's executive vice president and president and COO of its Ambassador Programs operating subsidiary.

No explanation was given for the abrupt departures -- not even the customary "to spend more time with their family(ies)" or "to pursue other opportunities." Instead, Ambassadors said it has appointed Senior Vice President and CFO Anthony Dombrowik interim CEO while the board of directors conducts a search for a permanent one.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2277312, ~/Articles/ArticleHandler.aspx, 9/17/2014 7:39:43 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement