The Board of Directors of the Rezidor Hotel Group has appointed Wolfgang M.
Neumann as new President & Chief Executive Officer (CEO) of Rezidor; effective
January 1, 2013. He succeeds Kurt Ritter who is retiring at the end of the year.
Wolfgang M. Neumann (50 years) is since May 2011 Chief Operating Officer (COO) &
Executive Vice President of the Rezidor Hotel Group.
"We are pleased to announce Wolfgang M. Neumann as Kurt Ritter's successor. He
has an extensive experience in international hotel management. Wolfgang will
build on Rezidor's strengths as an industry leader, and will continue to focus
on revenue generation and profitable growth", said Trudy Rautio, Chairman of the
Rezidor Hotel Group and President & CEO of Carlson.
Kurt Ritter (65 years) is stepping down on his own request after 23 years as
President & CEO of Rezidor. He will assist Wolfgang M. Neumann as an advisor
during a transition period of three months as from January 1, 2013, and will
afterwards continue to serve as a key strategic advisor to Trudy Rautio.
"We are very grateful for the role Kurt Ritter has played in guiding the growth
of Rezidor for more than two decades to be one of the fastest growing hotel
companies", said Trudy Rautio. "More recently he was instrumental in the
integration of the Carlson Rezidor Hotel Group to become one of the largest and
most dynamic hotel groups in the world."
For further information, kindly contact:
Investor Relations:
Ebba Ankarcrona, Director Investor Relations
ebba.ankarcrona@rezidor.com
Media Relations:
Christiane Reiter, Senior Director Corporate Communication
christiane.reiter@rezidor.com
For further background information, kindly refer to the attached detailed media
release
[HUG#1643980]
