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BUZZ-Thomas Cook: biggest fall in 2.5 yrs on CEO shock departure

Reuters - UK Focus

** Thomas Cook (Xetra: A0MR3W - news) slumps as market reacts negatively to news CEO leaving & a warning from the holiday co its pace of growth would slow in 2015 to reflect tougher trading backdrop

** Stock down 23 pct, biggest loser on STOXX 600 by some margin, suffering its largest pct drop since March 2012 before Green took control

** Heavily underperforms peer TUI Travel (LSE: TT.L - news) , down 1.8 pct

** Since chief exec Harriet Green joined 2.5 yrs ago, Thomas Cook has been put on a more sound financial footing, reported strong profits growth & seen a 900 pct share price rise

(RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)