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Flight Centre Travel Group Ltd.
Flight Centre Travel Group Ltd.

Travel Weekly

time2 days ago

  • Business
  • Travel Weekly

Flight Centre Travel Group Ltd.

2024 sales: $15.91 billion Previous ranking: 6 Employees: 12,497 full-time 275 Grey St. South Brisbane, QLD 4101, Australia U.S. headquarters: 5 Paragon Drive Montvale, NJ 07645 Phone: (201) 934-3500 Website $15.91 billion12,497 full-time275 Grey Brisbane, QLD 4101, AustraliaU.S. headquarters:5 Paragon DriveMontvale, NJ 07645Phone: (201) 934-3500 Executives PRESIDENT, FLIGHT CENTRE TRAVEL GROUP AMERICAS: Charlene Leiss CFO AMERICAS: Mark Imrie MANAGING DIRECTOR, FCTG CANADA/PRESIDENT, CORPORATE TRAVELER CANADA: Chris Lynes PRESIDENT, FCTG MEXICO/LATAM NETWORK: Maren Hanschke PRESIDENT, FCM AMERICAS: Billy McDonough PRESIDENT, CORPORATE TRAVELER USA: John Van den Heuvel EVP/GENERAL MANAGER, ENVOYAGE: Christina Pedroni EVP/ GENERAL MANAGER, SUPPLY: David Richardson COMPANY FACTS * A publicly traded company. Its North American subsidiary is Flight Centre Travel Group. * Brands include Flight Centre leisure and corporate divisions Corporate Traveler and FCM. * Works with 2,232 independent contractors. * 8% of sales completed by hosted advisors. * Sales: 51% business, 49% leisure. DEVELOPMENTS * Implemented a more regionalized structure for Corporate Traveler USA with the creation of individual "SWOT teams" (strengths, weaknesses, opportunities and threats) for the East, Midwest and West to accelerate growth. * Increased customer adoption by 18% within its Melon platform for Corporate Traveler. * Celebrated the 20th anniversary of FCM Travel, which became the company's largest brand in total transactional value as a result of new global business wins and key multinational customers. * Completed the launch of the Envoyage brand, serving independent agents and agencies across the U.S., Canada, Australia, New Zealand and South Africa. * Launched a dedicated group division for members in the U.S. * Expanded in the global cruise sector and in the U.K. by acquiring Cruise Club UK. * Expanded its sports sponsorship portfolio in the Americas through new partnerships: for example, Flight Centre Canada and the NBA's Toronto Raptors as well as Corporate Traveler USA and the NFL's Jacksonville Jaguars. * Relaunched a campaign with StudentUniverse and Amazon to support young adults with more accessible and affordable options. LOOKING AHEAD * Increasing its focus on independent and luxury sectors through Envoyage and Scott Dunn. * Enhancing NDC content by improving functionality and strengthening distribution technology. * Further leveraging AI-driven solutions through its AI Center of Excellence to help streamline operations and increase productivity. * Prioritizing the global expansion of the meetings and events division and the stage, screen and sports division. * Boosting technology in its FCM and Melon platforms to increase customer adoption. * Advancing its internal diversity, equity and inclusion efforts. * Capitalizing on strong corporate growth opportunities in key markets throughout the world.

IMA Expands Competency Framework for Accounting and Financial Professionals
IMA Expands Competency Framework for Accounting and Financial Professionals

Associated Press

time3 days ago

  • Business
  • Associated Press

IMA Expands Competency Framework for Accounting and Financial Professionals

Ensures practitioners remain trusted strategic business partners who safeguard and create value MONTVALE, NJ / ACCESS Newswire / June 22, 2025 / IMA® (Institute of Management Accountants), today announced at the annual IMA Accounting and Finance Conference the expansion of its industry-leading Competency Framework. This blueprint defines professional needs, develops relevant solutions, and delivers the education, certification, skills development, research, and insights that empower management accountants and financial professionals in business to succeed. The expanded framework inclusively builds on the current domains and responds to evolving realities, ensuring practitioners remain trusted strategic business partners who safeguard and create value. The new framework expands to include skills that have become essential in today's business environment. These broader, cross-functional skills are critical for finance and accounting professionals to succeed as the profession evolves. These skills also help IMA connect with professionals in related fields, such as data analysis, business operations, information technology, and project management, who work closely with finance teams and share similar goals and challenges. 'The IMA Competency Framework is a fresh, future-ready blueprint designed to guide your growth and development. It's built to reflect where accounting and finance are going, not just where they've been, and the skills and competencies required for success. It's about giving professionals the confidence and clarity to own their next move and the knowledge and tools to prove it,' said Michael DePrisco, President & CEO, IMA. Harnessing the organization's legacy of innovation, this new blueprint reinforces the critical role and the evolving skills of the profession and builds its offerings around those insights. From technical fluency to strategic leadership, IMA's offerings reflect the core capabilities needed to succeed in today's roles-and tomorrow's careers. This framework is ideally suited for businesses and enterprises, where IMA programs are built on a dynamic model of competencies required across finance and accounting roles, making learning aligned, scalable, and tied directly to business impact. The expanded framework details each domain and embedded competencies. It offers practical guidance for professionals, employers, organizations of varying sizes, industries, educators, and regulators. More details will be provided at this year's IMA Conference during the panel discussion: 'Bridging Knowledge & Practice: The IMA Management Accounting Competency Framework as a Guide for the Future,' on Wednesday, June 25, 2025, and the Accounting Association Annual Meeting in Chicago, August 2-6, 2025. About IMA® (Institute of Management Accountants) IMA® is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant), CSCA® (Certified in Strategy and Competitive Analysis), and FMAA™ (Financial and Managerial Accounting Associate) certification programs, continuing education, networking, and advocacy of the highest ethical business practices. Twice named Professional Body of the Year by The Accountant/International Accounting Bulletin, IMA has a global network of about 140,000 members in 150 countries and 200+ professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its six global regions: The Americas, China, Europe, Middle East/North Africa, India, and Asia Pacific. For more information about IMA, please visit CONTACT: IMA News Bureau [email protected] SOURCE: IMA® (Institute of Management Accountants) press release

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