Singapore, February 24th 2012 – Martin Symes, CEO of Wego, the region’s leading travel metasearch site, has stepped down from his role overseeing the day-to-day operations, but will remain actively involved in the Company’s continued growth and success as non-executive Chairman. He will be dividing his time between Asia and Europe.
Symes joined Wego in 2006 from ZUJI, and has led the business through two fund-raising rounds, a merger with Indian travel content and community site HolidayIQ.com and the establishment of subsidiaries in Indonesia and Australia. He remains a shareholder.
Symes hands over his Wego responsibilities to Ross Veitch, previously Chief Product Officer and who co-founded the business in 2005 following a six year stint as a senior executive of Yahoo! South East Asia. Co-Founder Craig Hewett remains in his role as Wego Chief Commercial Officer and Hari Nair continues in his role as CEO and Founder of the Indian travel site HolidayIQ.com which merged with Wego in 2010.
Symes commented on the change:
“It has been a pleasure to work with the Wego team, its investors, partners and customers over the last six years, and now is the optimal time for me to move on. This is going to be a terrific year for the business under Ross’s leadership. He is the architect of a world class platform that the team is now scaling across multiple markets.”
Les Wigan, COO of News Digital Media, Wego’s first external investor added:
“We have worked closely with Martin over the last four years and thank him for his contribution. He has been outstanding in significantly growing the business since we became involved and he leaves Wego in great shape.”
There is no material change in the Company’s strategy which continues to focus on helping travellers to save time, pay less and travel more.
For more information, please contact:
Tel: +65 6438 8242
Considered the ideal site to begin planning travel, Wego.com gives travellers a complete view of available flights, hotels, travel packages and deals from hundreds of travel websites in the time that it takes to search just one. The latest pricing, availability and reviews are shown, with tools provided to select the cheapest days to fly and to find the best hotel offers. Travellers then simply click through to the partner websites to book.
Wego.com was founded in 2005 by former executives of Intercontinental Hotels Group, Yahoo!, Priceline and ZUJI. Investors include News Digital Media and Tiger Global. In 2010, Wego merged with HolidayIQ.com, an established India based travel content and community site. For more information, please visit http: www.wego.com/about