Australian travel management company Corporate Travel Management (CTM, ASX Code: CTD) has promoted a senior executive to the board.
Laura Ruffles, CEO Australia/NZ and Global COO, will join the board as an executive director effectively immediately.
CTM Chairman Tony Bellas said the appointment was fitting recognition for Ms Ruffles’ contribution to the company’s growth over the past five years.
“Laura has more than two decades of valuable industry experience and she has demonstrated excellent leadership across all aspects of our business locally and globally,” Mr Bellas said.
“Today’s appointment is recognition of her exceptional contribution to CTM.”
Ms Ruffles joined CTM in 2010 and earlier this year was appointed to a newly created role of Global Chief Operating Officer, with responsibility for CTM across four continents.
During Ms Ruffles’ tenure as a senior executive CTM has reached a number of milestones; its first international acquisition, record new client wins, multiple award wins, launching ground-breaking corporate travel technologies and earlier this year, joining the benchmark ASX200 index.
“I am privileged to work with the best team of passionate travel industry professionals, who focus every day on ensuring our customers receive the highest standard of personalised service, whilst delivering a good return on investment for their travel programs,” Ms Ruffles said.
“The past five years have been exciting for all of us involved in the growth of CTM, both here and overseas.
“As a team, we are looking forward to enhancing our value through excellence in service and new technologies, to be continuously delivered through the months and years ahead.”
Ms Ruffles will assume the board position of Claire Gray, Executive Director of Global Development, who is retiring from the board.
Mr Bellas thanked Ms Gray for her considerable contribution to CTM’s success over the past seven years.
“I have appreciated Claire’s insight and, on behalf of the board and company, thank her for her contribution.”
Mr Bellas said Ms Ruffles’ appointment would ensure the board continued to benefit from the insight of experienced travel industry executives.