Nolan is better known for founding Web Reservations International, parent company of Hostelworld, which he sold last year for £340 million to private equity group Hellman and Friedman.
His appointment is being cloaked in fighting talk about growth and possibilities for the company, with CEO Gareth Williams pointing to how it is time to build on the “steep trajectory” of the past two years and “aim for the number one position worldwide”.
Read the full story at http://www.tnooz.com/2010/10/24/news/skyscanner-hires-hostelworld-founder-as-chairman-plots-global-number-one-spot/