|Wyndham Worldwide CEO to step down.|
Tuesday, 4th March 2014
Source : Wyndham Worldwide
Wyndham Worldwide announced that Geoff Ballotti, President and CEO of the global hospitality company’s timeshare exchange and vacation rental division will succeed departing hotel division President and CEO Eric Danziger, who is leaving the company to pursue personal interests effective March 28, 2014.
“During the past five years, and through some very challenging global economic conditions, Eric provided leadership that strengthened Wyndham Hotel Group’s service to its franchisees, expanded its hotel management offerings, and significantly grew its global footprint,” said Stephen P. Holmes, chairman and CEO, Wyndham Worldwide.
“As a well-respected hotel industry veteran, Eric brought real passion for hospitality to Wyndham, and leaves our hotel division set on a strong course for the future. We thank him for his leadership, congratulate him on his legacy within our industry, and wish him all the best in the future.”
Ballotti joined Wyndham in 2008 as president and CEO of Wyndham Exchange & Rentals, the global leader in timeshare exchange and in professionally managed vacation rentals, with a portfolio that encompasses over 107,000 vacation properties in over 100 countries.