BI chairman David Hackett retires

BI today announces the departure of its chairman and founder, David Hackett, following a hugely successful 25-year association with the company. David will continue to be part of the business throughout the remainder of 2005 during which time he will be ensuring the successful handover of his day-to-day responsibilities. In 2001 Hackett, together with his business partners, was instrumental in the sale of TMO to US-based Schoeneckers Inc. At that time TMO became BI Worldwide, and Hackett committed to a five-year contract with the intention of ensuring a dynamic succession plan. Hackett now believes that task to be complete and says: “Since Richard Bandell joined as managing director 18 months ago, he has re-structured the business and put a new leadership team in place. I believe that BI Worldwide is now geared up for success, and that the time is right for me to step aside and allow that team to define the future direction of the business. “Personally, I look forward to the independence which will enable me to embark on new, but as yet undefined, challenges.” BI managing director Richard Bandell says: “David has been a stalwart of the company for a quarter of a century. His leadership, industry status, product knowledge and strong relationships with both clients and suppliers have been great assets to BI. “He is departing at a time when BI is enjoying significant growth, and I am confident that the new leadership team will continue to drive the business forward. “David leaves BI with a wonderful heritage in the conference and incentive travel industry, and we fully intend to build on this with our industry-leading service levels and the exciting introduction of new performance improvement and employee benefits products.”

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