Peter Fankhauser

Peter Fankhauser (born 18 November 1960) is a Swiss businessman, who was the chief executive officer (CEO) of the Thomas Cook Group from 2014 until its collapse in 2019.

[6][1] He was responsible for managing the European division of the tourism company Kuoni and worked for the leisure airline LTU in Germany.

[7] In November 2014, it was announced that Harriet Green was to leave Thomas Cook Group with immediate effect, and that Fankhauser would take over as CEO.

[17] Media reports indicated that a group including the Turkish government and a group of Spanish hoteliers backed by Spanish ministers had offered financial support in order to assist their domestic industries, but that the rescue had failed because "the British government said it was not prepared to provide any financial guarantees to underpin the funding package.

"[22][23] Hedge funds have also been noted as major beneficiaries of the events, with "Thomas Cook the most shorted company on the London Stock Exchange" prior to the collapse.

[24] In October 2019 Fankhauser was criticised at a hearing of the House of Commons Business, Energy and Industrial Strategy Committee, its chair calling his apology "rather hollow".

Fankhauser at the WTTC Global Summit 2017