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Corporate Travel Management Founder Jamie Pherous Steps Down as Director but Retains Major Shareholding

Story Highlights
  • Corporate Travel Management’s founder Jamie Pherous ceased to be a director on 2 February 2026.
  • Despite stepping down, Pherous retains substantial direct and indirect holdings in Corporate Travel Management shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Corporate Travel Management Founder Jamie Pherous Steps Down as Director but Retains Major Shareholding

Meet Samuel – Your Personal Investing Prophet

Corporate Travel Management Limited ( (AU:CTD) ) has shared an update.

Corporate Travel Management Limited has announced that founder Jamie Pherous ceased to be a director of the company on 2 February 2026. In connection with his departure from the board, the company disclosed Pherous’s final interests in its securities, including 205,292 performance rights held directly and significant indirect holdings totalling over 16.6 million ordinary shares through Pherous Holdings Group Pty Ltd, LJP2 Pty Ltd and the Black Duck Holdings Trust, highlighting his continuing substantial economic interest in the business despite stepping down as a director.

The most recent analyst rating on (AU:CTD) stock is a Sell with a A$7.60 price target. To see the full list of analyst forecasts on Corporate Travel Management Limited stock, see the AU:CTD Stock Forecast page.

More about Corporate Travel Management Limited

Corporate Travel Management Limited is an Australian-listed corporate travel services provider, offering travel management solutions and related services to business and government clients. The company operates in the broader travel and tourism industry, focusing on managing and optimising corporate travel programs across various markets.

Technical Sentiment Signal: Buy

Current Market Cap: A$2.35B

See more insights into CTD stock on TipRanks’ Stock Analysis page.

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