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Starwood CEO resigns 'by mutual agreement'
By Helen Andrews 17 Feb 2015
van Paasschen will continue with Starwood as a consultant to assist in the leadership transition Credit: Starwood
Starwood Hotels and Resorts Worldwide’s CEO, president and director Frits van Paasschen has resigned “by mutual agreement” with the company’s board of directors.

Adam Aron, a director of the company since 2006, will take over the CEO role on an interim basis while the board interviews both internal and external candidates for a more permanent appointment.

van Paasschen will continue with Starwood as a consultant to assist in the leadership transition.

Chair of the board Bruce Duncan thanked van Paasschen for his contribution and said the things the board will concentrate on now include “accelerating Starwood’s growth, improving performance and sharpening its focus on operational excellence.”

Aron has experience in the hospitality industry, as a former CEO of both Vail Resorts – an owner and operator of ski resorts and hotels – and Norwegian Cruise Line.


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NEWS
Starwood CEO resigns 'by mutual agreement'
POSTED 17 Feb 2015 . BY Helen Andrews
van Paasschen will continue with Starwood as a consultant to assist in the leadership transition Credit: Starwood
Starwood Hotels and Resorts Worldwide’s CEO, president and director Frits van Paasschen has resigned “by mutual agreement” with the company’s board of directors.

Adam Aron, a director of the company since 2006, will take over the CEO role on an interim basis while the board interviews both internal and external candidates for a more permanent appointment.

van Paasschen will continue with Starwood as a consultant to assist in the leadership transition.

Chair of the board Bruce Duncan thanked van Paasschen for his contribution and said the things the board will concentrate on now include “accelerating Starwood’s growth, improving performance and sharpening its focus on operational excellence.”

Aron has experience in the hospitality industry, as a former CEO of both Vail Resorts – an owner and operator of ski resorts and hotels – and Norwegian Cruise Line.
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QC New York, a luxury Italian day spa on Governors Island, will expand its offering this July by adding an extra 15,000sq ft of space. This new area will feature sensory saunas, waterfalls, a salt room, an ice room, a lavender room, a 142-seat bistro and a waterbed relaxation room.
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Ritz-Carlton Reynolds, Lake Oconee, unveils new-look lakeside destination spa
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Art-inspired urban spa to launch at stylish new London hotel, Art’otel London Hoxton
Art’otel, Radisson’s contemporary art-inspired lifestyle hotel brand, has strengthened its presence in London with a new hotel in Hoxton fusing art, design and hospitality.
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Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
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