Hanover, 17 February 2023

Peter Krueger appointed for another three years

The Supervisory Board of TUI AG has appointed Peter Krueger (46) as a member of the Executive Board for a further three years until the end of December 2026. He has been a member of the Executive Board since January 2021. Krueger had previously been a member of TUI's Group Executive Committee since summer 2018.

Peter Krueger is responsible for Group Strategy and Mergers & Acquisitions (M&A), as well as the Holiday Experiences division, which comprises the TUI Group's hotels, the cruise business, and experiences and activities.

Dr. Dieter Zetsche, Chairman of the Supervisory Board of TUI AG, said: "With Holiday Experiences, Peter Krueger is responsible for a profitable growth segment of the Group. With his reappointment, we are continuing our successful cooperation with him and ensuring continuity in this important business segment of the TUI Group. Peter Krueger also played a leading role in stabilizing the Group's finances during the pandemic. The Supervisory Board and the Executive Board look forward to continuing their good and trusting cooperation with him."

About TUI Group

The TUI Group is one of the world's leading tourism groups and operates worldwide. The Group is headquartered in Germany. TUI shares are listed in the MDAX index of the Frankfurt Stock Exchange and in the regulated market of the Lower Saxony Stock Exchange in Hanover. TUI Group offers its 19 million customers integrated services from a single source and forms the entire tourism value chain under one roof. The Group owns over 400 hotels and resorts with premium brands such as RIU, TUI Blue and Robinson and 17 cruise ships, ranging from the MS Europa and MS Europa 2 in the luxury class and expedition ships in the HANSEATIC class to the Mein Schiff fleet of TUI Cruises and cruise ships operated by Marella Cruises in the UK. The Group also includes Europe's leading tour operator brands and online marketing platforms, for example for hotel-only or flight-only offers, five airlines with more than 130 modern medium- and long-haul aircraft and around 1,200 travel agencies. In addition to expanding its core business with hotels and cruises via successful joint ventures and activities in vacation destinations, TUI is increasingly focusing on the expansion of digital platforms. The Group is transforming itself into a global tourism platform company.  

Global responsibility for sustainable economic, environmental and social action is at the heart of our corporate culture. With projects in 25 countries, the TUI Care Foundation initiated by TUI focuses on the positive effects of tourism, on education and training and on strengthening environmental and social standards. In this way, it supports the development of vacation destinations. The globally active TUI Care Foundation initiates projects that create new opportunities for the next generation.

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