American Express Global Business Travel (GBT) has announced that HRG CEO David Radcliffe will be appointed to its board once the TMC acquisition is complete.
The purchase agreement was announced in February, but it still needs to be approved by competition authorities. No date has been set for completion of the sale.
Radcliffe has been with HRG since 1978 and was appointed CEO in 1997, having joined its board in 1989. He is also a non-executive director of transport and logistics services provider Wincanton and a companion of the Chartered Management Institute.
Greg O’Hara, chairman of the board at GBT, said: “I will be delighted to welcome David to the GBT board following the completion of GBT’s acquisition of HRG. He brings a wealth of industry experience and expertise and will play an important role as we integrate HRG, delivering continuity and helping to provide value for all stakeholders and shareholders.”
Radcliffe commented: “I’m excited to be given the opportunity to join the board of the combined group… and to work with the best talent and technology from both organisations. The transaction will create a truly world-class company capable of delivering significant benefits to clients, colleagues and suppliers.”