Saga has appointed Nick Stace as CEO of its travel business.
Stace, who is currently Saga’s chief strategy officer, will take up the new role with immediate effect. He will now oversee Saga’s cruise and tours business as well as retain responsibility for strategy. Stace replaces Robin Shaw who left Saga in June.
Before joining Saga, Stace was CEO of The Prince’s Trust. He has also held senior roles at Which? and ran the strategic communication function for Gordon Brown when he was prime minister.
Euan Sutherland, Saga group chief executive officer, said: “I am delighted that Nick is moving to head our Travel business after successfully driving our strategic reset. With a new strategy in place and a significantly enhanced financial position, we see a wealth of opportunities ahead of us as we position Saga to deliver sustainable growth and create significant long-term value. Nick brings a wealth of experience that will be invaluable for the next phase of development of our Travel business.”
Stace added: “My number one priority in my new role is ensuring that our Travel businesses are ready to provide exceptional experiences to our customers when the current restrictions are lifted. We know that the demand is there, because our customers are enthusiastically re-booking in both Cruise and Tours and we have worked to ensure we have detailed, industry-leading procedures ready for a Covid world.”