Thursday, October 24, 2024

Aimbridge Hospitality CEO Michael J. Deitemeyer to step down

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  • CEO Michael J. Deitemeyer to step down at finish of 12 months; Government Committee fashioned to guide seek for a everlasting alternative
  • Stephen Joyce and Bernardo Hees appointed Board Members, convey extra world hospitality and progress expertise to Firm
  • CFO Thomas Track to depart Aimbridge for an exterior alternative on Nov. 30

Aimbridge Hospitality, a number one, world hospitality administration firm and the world’s largest third-party resort operator, right this moment introduced the transition plan for Michael J. Deitemeyer, who’s stepping down as Chief Government Officer, efficient December 31, 2023. An Government Committee of the Board, helmed by Aimbridge Chairman Glenn Murphy has been fashioned and can lead a complete seek for a world class CEO alternative.

Deitemeyer assumed the function of President and CEO of Aimbridge Hospitality in January of 2021 after serving as International President following the corporate’s merger with Interstate in October 2019. Deitemeyer was president and CEO of Interstate Resorts & Resorts from 2017 till the merger and has been within the resort business for practically 4 many years.

We need to thank Mike for his contributions to constructing the Aimbridge legacy. Underneath his management, the corporate ramped up its dedication to appointing and growing high expertise, led a number of strategic acquisitions that allowed the corporate to achieve a foothold in new markets, and strengthened our relationship with world’s high manufacturers. Mike’s contributions additional bolstered Aimbridge’s fame as a dominant drive within the business and positioned the corporate for its subsequent part of progress. Glenn Murphy, Chairman of the Board.

The corporate additionally introduced the appointment of two spectacular leaders, Stephen Joyce and Bernardo Hees to its Board of Managers.

Joyce is a world hospitality veteran with greater than 4 many years of multi-brand and franchisee expertise, together with practically a decade serving as President and CEO of Selection Resorts Worldwide. His time at Selection adopted a profitable 25-year profession with Marriott Worldwide, the place he rose to the extent of Government Vice President, International Improvement. Most not too long ago, Joyce stepped in from his Board seat to guide RE/MAX Holdings following a profitable run as CEO of Dine Manufacturers International.

Hees is understood for executing profitable methods and unlocking efficiencies to put money into progress. He most not too long ago served as Government Chairman of Avis Funds Group and has been CEO at a number of the world’s most recognizable, publicly traded firms together with Burger King Worldwide Holdings, Inc., The Kraft Heinz Firm, and America Latina Logistica.

The addition of Steve Joyce and Bernardo Hees to the Aimbridge Board of Managers brings unparalleled hospitality expertise and company transformation know-how to our group. Each have confirmed expertise in driving outsized outcomes for firms and house owners, in addition to constructing high-performance cultures,” Murphy stated.

Joyce and Hees will be part of Murphy and Jeff Case, Managing Director at Introduction Worldwide, on the Government Committee and work intently with Aimbridge’s senior management group to drive efficiency.

The third-party administration house is the way forward for the business, and Aimbridge is poised to prepared the ground. The corporate plans to supercharge progress by increasing our present capabilities and zeroing in on areas that pose the best alternatives to achieve market share, all whereas delivering superior outcomes for our house owners,” Murphy stated.

Moreover, CFO Thomas Track will depart Aimbridge for a brand new alternative exterior of the resort business on November 30, 2023. A brand new CFO shall be named at a later date.

To be taught extra about Aimbridge Hospitality, go to aimbridgehospitality.com.

Aimbridge Hospitality

Aimbridge Hospitality is a number one world hospitality firm with a rising resort portfolio representing greater than 1,500 properties in 50 states and over 20 nations, inclusive of pipeline. As a high resort administration firm and trusted operator of over 80 lodging manufacturers and distinctive luxurious and life-style property, Aimbridge Hospitality leverages its scale and operational excellence to persistently ship outcomes for resort house owners and provide unparalleled alternatives for associates across the globe. Aimbridge Hospitality provides worth by way of targeted, expertise-driven working divisions in Full Service, Evolution Way of life, Enhanced Choose Service, and Choose Service, optimizing house owners’ funding returns and driving resort market success. The Aimbridge Hospitality EMEA Division has supporting workplaces throughout Europe in Amsterdam, Birmingham, and Glasgow. The Aimbridge Hospitality LatAm Division has workplaces in Monterrey and Mexico Metropolis. Aimbridge Hospitality’s world headquarters relies in Plano, Texas. To be taught extra, go to www.aimbridgehospitality.com. Join with Aimbridge Hospitality on LinkedIn.

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