Ted Teng Named President
Three new additions to its executive management team named -
|DALLAS - Oct. 16, 2000--Wyndham International, Inc. (NYSE:WYN) today
announced that James D. Carreker has resigned as chairman of the Board
of Directors. The Board elected the company’s chief executive officer,
Fred J. Kleisner, to the additional title of chairman. Ted Teng, chief
operating officer, was elected to the additional title of president. Mr.
Carreker will remain a director.
Mr. Kleisner stated: “Jim has been a tremendous contributor in transforming
Wyndham into a company poised for growth. I look forward to his continued
input as we grow our core brands and improve our operating performance.
I am honored by the Board’s confidence in our management team and our strategy.”
Mr. Teng said: “We are making substantial progress towards achieving
and exceeding our goals. I am excited by the opportunity to work with Fred
and our team as we build Wyndham as a premier hotel operating company.”
Fred J. Kleisner, 56, joined Wyndham in 1999 as president and chief operating officer and was elected chief executive officer in April 2000. Ted Teng, 44, joined Wyndham in May 2000 as chief operating officer.
Wyndham Names Three Executives to Key Operations and Sales Posts;
Also on Oct. 10, 2000, Wyndham International, Inc. announced three new additions to its executive management team, including
Curt R. Ewald—Senior Vice President, Operations Resources
In his new role, Ewald will coordinate the efforts of all corporate functions that directly impact hotel operations, such as procurement, finance, sales and marketing, human resources and information technology, as well as others, in order to ensure the company benefits from synergies and economies of scale. He reports to Ted Teng, chief operating officer.
“This new position is aimed at better aligning our product lines and corporate support,” said Teng. “Formalizing coordination of our corporate staff will create focus and support for our hotel operations and maximize the value we deliver to our properties, while improving communication and speeding up decision-making.”
Ewald joins Wyndham with 23 years of international hotel industry experience. He most recently served as senior vice president, Asia-Pacific for Starwood Hotels & Resorts, where he had substantial responsibility for both hotel operations and staff resources. He has also held key sales and marketing positions for Starwood and Westin Hotels & Resorts, as well as at numerous hotels across the U.S.
James Walters - Senior Vice President, Sales
In his new position, Walters will oversee all of Wyndham’s sales units including travel agent, business transient and group/meeting sales as well as the individual property sales teams. He will also oversee the company’s national sales offices in Chicago, Dallas, Los Angeles, Miami, New York and Washington, D.C. He reports to Dave Johnson, executive vice president of sales and marketing.
“Jamie’s extensive experience will lead Wyndham’s sales units to continued success,” said Johnson. “As we grow our various sales teams, we look forward to positioning Wyndham as an upper-upscale hotel brand among each of our target audiences.”
Walters joins Wyndham with over 16 years of marketing and sales experience in the hospitality industry. Most recently, he served as vice president of sales and marketing for Adam’s Mark Hotels & Resorts, where he successfully implemented the company’s central reservations system and expanded their national sales operations to enhance the performance of on-site hotel sales teams. He also previously worked for Hilton Hotels Corporation, where he held several positions including: assistant director of sales for the Hilton San Francisco & Towers; director of sales for the Waldorf Astoria in New York City; and director of sales and marketing for the Hilton Chicago & Towers.
Robert S. Davis - Senior Vice President, Vacation Ownership
In his new position, Davis will work with Tempus Resorts International, Ltd. to implement Wyndham Vacation Club, the company’s new vacation ownership initiative. He will be responsible for maximizing opportunities in this rapidly growing market as he serves as liaison between the Wyndham brand and Tempus, the company’s exclusive Vacation Club partner, to identify, develop and manage Wyndham-branded vacation ownership properties. He reports to Ewald.
“We are pursuing opportunities in the vacation ownership market that support our position in the upper-upscale segment of our industry,” said Teng. “Rob will work closely with Tempus to strategically position this product so that it can mature into one of the leaders in its market.”
Davis joins Wyndham with more than 24 years of experience in the hospitality industry. He was most recently with the Promus Hotel Corporation as senior vice president of Promus Vacation Resorts, where he developed that company’s resort and club product lines and their respective operating standards and support infrastructures. In addition to his 16-year career with Promus, he also worked in a variety of hotel operations positions with the Hyatt Corporation.
Wyndham International, Inc. offers upscale and luxury hotel and resort accommodations through proprietary lodging brands and a management services division.
This press release contains certain forward-looking statements within the meaning of Sections 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including projections about future operating results.
Wyndham International, Inc.
|Also See||Fred Kleisner Leaves Starwood; Joins Wyndham as President and COO / July 1999|
|Partnership Led by Rolf E. Ruhfus and B. Anthony Isaac Acquire Sierra Suites Hotel Brand and Properties from Wyndham / Mar 2000|