BOARD OF DIRECTORS

MARK MOLYNEUX
NON-EXECUTIVE DIRECTOR

Mark Molyneux, 55, was appointed to the Travelzest board as a non executive Director in October 2006. He is a Chartered Accountant and chairs three other companies which are Private Equity backed. Mark was until 2006 a UK partner with Ernst and Young LLP accountancy firm where he held senior management roles. His initial specialisation was audit, mainly entrepreneurial companies, later moving into corporate finance with a focus on M&A, due diligence and restructuring.

RICHARD HALL TD, MA, FCA
NON-EXECUTIVE DIRECTOR & COMPANY SECRETARY

With a Cambridge degree in engineering and law, Richard qualified as a chartered accountant in 1966 and carried out the duties of finance director and company secretary for a number of international companies including INMOS International Plc. He was latterly finance director of Information Technology Plc and National Telecommunications Plc, both of which companies he took to the main market. Since 1989, Richard has run his own consultancy with a number of non-executive directorships, including an AIM listed company offering corporate, commercial and financial advice to major clients. He joined the board of VFB Group plc in 2003 (VFB Group name changed to Travelzest in 2005) prior to the company joining the OFEX market (now PLUS market).

JONATHAN CARROLL GROUP CHIEF EXECUTIVE OFFICER

Jonathan Carroll, Group Chief Executive Officer, co-founded itravel2000 in 1994. With Jonathan’s vision and leadership skills he formed a team of dedicated travel professionals that set the standard in the Canadian market place. In May 2009, Jonathan was appointed to his current position as CEO of Travelzest plc.

Jonathan is a strong believer in giving back to the community. Jonathan’s charity work extends into the community through his involvement and support of numerous charities. He is also a founding board member of the Lakefield College School Foundation, which also boasts his Royal Highness, the Duke of York as a Trustee. In 2006, Jonathan Carroll was awarded the prestigious Top 40 Under 40 Award honouring the best and most accomplished young professionals in Canada.

NIGEL JENKINS NON-EXECUTIVE CHAIRMAN

Mr. Jenkins, age 57, has been involved in the travel industry for 35 years. A founding Director of Unijet in 1981 he joined First Choice Holidays PLC in 1998. He led the restructure and turnaround of their Canadian division before returning to the UK in 2004 to become Managing Director of their Activity Holiday Sector and a member of their Group Management Board. He retired from First Choice in October 2006. He is currently Non-Executive Chairman of KBC PR & Marketing, and Non-Executive Director of All Leisure Group plc.

Jack Fraser GROUP CHIEF OPERATING OFFICER

Jack Fraser is Travelzest’s Group Chief Operating Officer and is responsible for all e-business, technology, and general operations. Jack joined itravel2000 in February 2005 as Vice President of Finance and Corporate Development and in June 2006 was appointed to the role of Chief Financial Officer and Head of Corporate Development. Jack was then appointed in May 2009 to itravel2000’s parent company Travelzest as Group Chief Operating Officer and Financial Director and held the dual role until January 2012. Prior to joining itravel2000/Travelzest, Jack held senior roles in two emerging internet digital media and e-commerce companies in Canada and USA, as well as spending over 10 years with two of Canada’s largest banks in their corporate finance groups.

Jack also advises various early stage technology companies, and sits on the Board of Directors for the Windsor International Airport.

Jamie Brooke Non-Executive Director

Mr. Brooke is based in London, United Kingdom, he is a qualified chartered accountant and has over 15 years investment experience in private equity and quoted fund management. He is currently a fund manager at Henderson Group plc, an independent fund manager with c. £70bn under management. He is also a director on the boards of three other AIM companies: Lochard Energy plc, Renovo Group plc and eServglobal Ltd.

Adrian Cobbold Group Finance Director

Adrian Cobbold started with Travelzest in November 2010 as Group Executive Vice President of Finance, and was appointed to the Travezest board as Group Finance Director in January 2012.

Prior to this Adrian served as Director of Finance, Chief Financial Officer at Teranet Inc., a leading provider of integrated land-based information systems and software providing e-commerce services to the legal, real estate, government and financial markets in Canada. He provided financial support and leadership to the company as it transitioned from a public to private entity while contributing to the development of a new corporate strategy and improving the operating results.
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Prior to Teranet, Adrian was employed by Crown Metal Packaging Canada Inc. (“Crown”) for thirteen years and served on the board of Crown Metal Packing Canada Inc. and Crown Cork & Seal Canada Inc.