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The CEO Transitions That Shook Up Hotel Industry Leadership in the Past Year

Marriott, Aimbridge, Accor Among Companies With New Leaders
From left: Adnan Malik of Magnuson Hotels, Bob van den Oord of Langham Hospitality, and Elie Maalouf of IHG Hotels & Resorts. (Magnuson Hotels/Langham Hospitality/ IHG Hotels and Resorts)
From left: Adnan Malik of Magnuson Hotels, Bob van den Oord of Langham Hospitality, and Elie Maalouf of IHG Hotels & Resorts. (Magnuson Hotels/Langham Hospitality/ IHG Hotels and Resorts)
Hotel News Now
December 21, 2023 | 2:36 P.M.

A handful of major hotel companies experienced shake-ups in their executive leadership teams in 2023.

At companies from Marriott International to Aimbridge Hospitality to Mandarin Oriental Hotel Group, several prominent hoteliers have stepped down or been appointed new and additional roles.

Here's a look at executive leadership changes throughout the year.

G6 Hospitality

Rob Palleschi left G6 Hospitality in January after five years in the role. He joined student housing management, ownership and development firm American Campus Communities as CEO.

President and Chief Financial Officer Julie Arrowsmith then assumed role of president and interim CEO in January.

"It is a privilege to take on this additional responsibility as we position G6 for continued growth," Arrowsmith said in a news release. "We have an incredibly strong team in place across the organization, and I look forward to continuing our work to support our franchise partners and deliver exceptional value for our guests."

Arrowsmith is now president and CEO.

Marriott International

Marriott International's Board of Directors added president to the title of CEO Tony Capuano in February following the departure of Stephanie Linnartz.

Capuano was named CEO and Linnartz was named president in February 2021 after previous Marriott President and CEO Arne Sorenson died Feb. 15, 2021.

Linnartz stepped down as president in February 2023. She had been with Marriott since 1997 and departed the hotel company to take over as president and CEO of Under Armour.

“Beyond the collaborative relationship that Stephanie and I enjoy in our roles, we are good friends, having rooted for each other for more than two decades as we grew in our careers at Marriott and in our lives outside the company,” Capuano said in a news release. “I admire so much about Stephanie — she has this great combination of grit, grace and humanity — qualities that make her an exceptional leader. To say she will be missed is an understatement — but she will always be part of our Marriott family."

IHG Hotels & Resorts

Keith Barr stepped down as CEO of British hotel firm IHG Hotels & Resorts on July 1, following 23 years with the company.

IHG turned over the reins to Elie Maalouf, who was the firm's CEO of the Americas. Maalouf's successor was Jolyon Bulley, who was IHG's chief executive officer for the Greater China region as well as the group's transformation leader for its luxury and lifestyle hotels.

"It was just the right time as a family for us to go back, and we'll be moving to our house in Hawaii where my wife grew up," Barr said from the main stage at the 2023 International Hospitality Investment Forum. "I'll be contemplating life on the beach for a period of time, but I'm sure I'll be back doing something. I'm just turning 53 this year, so I'm too young to hang up the cleats."

JLL and Accor

Gilda Perez-Alvarado left her role as global CEO of JLL Hotels & Hospitality and joined French hotel firm Accor as group chief strategy officer Oct. 1.

As part of her new role at Accor, Perez-Alvarado became a member of Accor's Paris-based management board, and oversees the company's global strategy, relations with hotel owners and strategic partnerships.

“I am extremely pleased to be joining Accor, which I have long admired as a global innovator in the hospitality industry," Perez-Alvarado said in a news release. "I look forward to applying my global hospitality, real estate and capital markets experience and insight to drive forward the group strategy and deliver against the management’s inspiring vision for the company.”

She reports directly to Accor Chairman and CEO Sébastien Bazin.

Aimbridge Hospitality

Aimbridge Hospitality President and CEO Mike Deitemeyer announced in November he will step down from his role at the end of 2023. Aimbridge is the largest third-party hotel management company.

Deitemeyer did not indicate where he will go following his departure from Aimbridge. He served as CEO of the Plano, Texas-based company since January 2021.

"I am incredibly grateful to have met and worked alongside so many talented, and wonderful people during my time leading Aimbridge — our associates, owners, brands partners, suppliers and countless others," he said in a post on his LinkedIn page.

Prior to his CEO role, Deitemeyer served as global president, following Aimbridge's 2019 acquisition of Interstate Hotels & Resorts, of which he was president and CEO.

Along with Deitemeyer's departure, the company announced Thomas Song, chief financial officer, left Aimbridge at the end of November for a new opportunity outside of the hotel industry. He joined the company as chief financial officer in 2021.

Aimbridge formed an executive committee to conduct the search for a new company CEO.

Magnuson Hotels

Independent hotel chain Magnuson Hotels announced the immediate appointment of Adnan Malik as the new CEO on Dec. 20.

Malik succeeds Thomas Magnuson. Magnuson led the hotel company as CEO for 21 years. Malik previously served as chief revenue officer at Magnuson Hotels.

"It has been an incredible journey leading Magnuson Hotels for the past 21 years. I am immensely proud of what we've achieved together as a team. As I step down from the CEO position, I'm filled with gratitude for the experiences, challenges, and growth we've embraced, and for the people I have met along this path. I am confident in the talented individuals who will continue to drive Magnuson Hotels towards even greater success," Magnuson said in a news release.

Langham Hospitality

Hong Kong-based Langham Hospitality Group appointed Bob van den Oord as its new CEO on Sept. 1. He succeeded Brett Butcher. Butcher still retains responsibilities with Giant Eagle Holdings, Langham's parent company, as well as a CEO role with Listed Langham Hospitality Investment.

Van den Oord has worked as a senior business leader at Langham for the past 20 years. Prior to the CEO appointment, he was regional vice president for Europe, Middle East and North America. Before that, he was chief operating officer and senior vice president of sales and marketing.

"I am delighted and humbled to have been appointed to lead Langham Hospitality Group into a new era of success,” Van den Oord said in a release. “We have an attractive brand portfolio of iconic hotels, with strong appeal to guests and partners. Supported by our talented colleagues around the world, we will continue to deliver enhanced guest experiences, drive business performance with exceptional results as we serve our guests every day."

Mandarin Oriental Hotel Group

Mandarin Oriental Hotel Group appointed Laurent Kleitman as group chief executive Sept. 1. He succeeded James Riley, who was group chief executive of the company since 2016.

Kleitman was most recently the president and chief executive of Parfums Christian Dior.

"With Laurent's leadership, we will continue to grow our global portfolio of luxury hotels, resorts and residences. Building on Mandarin Oriental's renowned legendary service, he will further evolve our brand for our guests — delivering 21st century luxury hospitality and lifestyle experiences steeped in a rich and proud Asian heritage. I am delighted to welcome Laurent to Mandarin Oriental," Ben Keswick, chairman of Mandarin Oriental International Limited, said in a news release.

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