STAMFORD, Conn. - (BUSINESS WIRE) - Apr. 8, 2013 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that Roeland Vos, long-time President of Starwood's Europe, Africa, & Middle East ("EAME") region, will step down and be succeeded by Michael Wale, a 35-year Starwood veteran who most recently served as Senior Vice President and Director of Operations for Western Europe. Mr. Vos will transition into a consulting role with the company, effective June 1, 2013.
Frits van Paasschen, President and Chief Executive Officer of Starwood, stated, "We are grateful to Roeland for his many outstanding contributions to Starwood during his more than 30 years with the company. One of the most respected operators in the industry, Roeland has overseen Starwood's growth across a diverse region, and during his 12-year tenure leading EAME we've nearly doubled our hotel footprint in the region and accelerated our business in key fast-growing markets. We are delighted that Roeland will continue to work with Starwood in a consulting role to support development and the growth of our brands across the EAME region."
Mr. van Paasschen continued, "At the same time, Starwood is fortunate to have a deep bench of global talent, and we continue our legacy of promoting from within, appointing one of our proven leaders to a position of expanded responsibility. Michael has been instrumental in strengthening the profile of Starwood's brands across Europe, including launching new brands in select markets, and restoring marquee and luxury properties in others. With his combination of strategic vision, management experience, relationships with associates and customers, and a global sensibility, Michael is perfectly positioned to oversee Starwood's continued growth as our new President of Europe, Africa and the Middle East."
Mr. Vos joined Starwood in 1982 and has held progressive management positions throughout his career, including President, Europe and SVP, Area Director of Italy & Malta. In 2001, he was appointed President, EAME, and under his leadership Starwood grew from 127 properties in the region to 243 hotels and resorts in 60 countries with an additional 64 hotels in the pipeline today.
Mr. Wale began his career with Starwood as a graduate trainee in 1978 at what was then ITT Sheraton. In his most recent role, he was responsible for managing Starwood's operations in Western Europe, leading 54 hotels across eight brands in 13 countries. Previously, Mr. Wale held progressive management positions, including SVP Global Operations for Le Méridien, VP Area Director for Starwood Hotels & Resorts, and General Manager of several flagship Starwood properties such as the Sheraton Park Tower Knightsbridge and the Sheraton Grand Hotel Edinburgh. Following the acquisition of Le Méridien in 2005, Mr. Wale led the successful integration of 130 Le Méridien hotels worldwide into Starwood's portfolio. Passionate about the development of leadership talent, he also created Vita Futura, an innovative graduate training program which began in the EAME region and has helped to shape the careers of many leaders throughout Starwood.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1,134 properties in nearly 100 countries and 171,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, Aloft®, and ElementSM. The Company boasts one of the industry's leading loyalty programs, Starwood Preferred Guest (SPG), allowing members to earn and redeem points for room stays, room upgrades and flights, with no blackout dates. Starwood also owns Starwood Vacation Ownership, Inc., a premier provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands. For more information, please visit www.starwoodhotels.com.
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Source: Starwood Hotels & Resorts Worldwide, Inc.
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