James Parkhouse, the chief executive officer of travel management company Agiito, has left the business, it was revealed on Friday.
Parkhouse had been CEO of Agiito – and Capita Travel & Events in its previous guise – for more than 15 years. In a post on LinkedIn he said it had been a “privilege to build one of the most distinctive businesses in the corporate travel, meetings and events sector in the UK”.
Agiito’s parent company, Capita, said during its full-year results reporting in March that it was intending to sell its remaining non-core businesses, which includes the travel management company, by the middle of the year. Capita confirmed Parkhouse’s departure but it is understood the move is unrelated to the potential sale of the business.
Agiito was ranked the seventh largest TMC in the UK in BTN Europe’s Leading TMCs 2023 rankings and has a large proportion of public sector business.
Parkhouse added: “Against tremendous challenges, particularly over the past few years, where surviving sometimes felt like a near impossible task, it was thanks to the sheer determination and passion of the team that Agiito continued to thrive.
“I am very proud that through a combination of targeted acquisitions of industry specialists including Lonsdale Travel, BSI, Expotel and NYS – alongside developing people, processes and technology from across the sector – we have created a unique, specialist, award-winning business.”
Capita revealed in March that the “successful execution of the non-core
business disposal programme” has already realised net cash proceeds of
around £1.3 billion since January 2018.