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.

DocumentId: 2277312, ~/Articles/ArticleHandler.aspx, 7/24/2014 12:02:48 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...

Today's Market

updated Moments ago Sponsored by:
DOW 17,107.57 20.94 0.12%
S&P 500 1,990.72 3.71 0.19%
NASD 4,481.05 7.35 0.16%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

7/24/2014 10:40 AM
EPAX $4.00 Up +0.07 +1.81%
Ambassadors Group CAPS Rating: ***

Advertisement