PLANO, Texas—Aimbridge Hospitality introduced the transition plan for Michael J. Deitemeyer, who’s stepping down as CEO, efficient Dec. 31, 2023. An Govt Committee of the Board, helmed through Aimbridge Chairman Glenn Murphy, has been shaped and can lead a complete seek for a CEO substitute.
Deitemeyer assumed the function of president and CEO of Aimbridge Hospitality in January 2021 after serving as international president following the corporate’s merger with Interstate in October 2019. Deitemeyer used to be president and CEO of Interstate Lodges & Accommodations from 2017 till the merger and has been within the lodge business for almost 4 a long time.
“We wish to thank Mike for his contributions to development the Aimbridge legacy. Below his management, the corporate ramped up its dedication to appointing and creating best ability, led a number of strategic acquisitions that allowed the corporate to achieve a foothold in new markets, and bolstered our dating with international’s best manufacturers. Mike’s contributions additional bolstered Aimbridge’s popularity as a dominant drive within the business and situated the corporate for its subsequent segment of expansion,” stated Glenn Murphy, chairman of the Board.
The corporate additionally introduced the appointment of 2 leaders, Stephen Joyce and Bernardo Hees to its Board of Managers.
Joyce has greater than 4 a long time of multi-brand and franchisee enjoy, together with just about a decade serving as president and CEO of Selection Lodges World. His time at Selection adopted a 25-year occupation with Marriott World, the place he rose to the extent of govt vice chairman, international construction. Maximum just lately, Joyce stepped in from his Board seat to steer RE/MAX Holdings following a run as CEO of Dine Manufacturers International.
Hees is understood for executing methods and efficiencies to spend money on expansion. He maximum just lately served as govt chairman of Avis Funds Crew and has been CEO at publicly traded corporations together with Burger King International Holdings, Inc., The Kraft Heinz Corporate, and The usa Latina Logistica.
“The addition of Steve Joyce and Bernardo Hees to the Aimbridge Board of Managers brings extraordinary hospitality enjoy and company transformation expertise to our workforce. Each have confirmed enjoy in using oversized effects for firms and homeowners, in addition to development high-performance cultures,” Murphy stated.
Joyce and Hees will sign up for Murphy and Jeff Case, managing director at Creation World, at the Govt Committee and paintings with Aimbridge’s govt management workforce to pressure functionality.
Moreover, Leader Monetary Officer Thomas Track will leave Aimbridge for a brand new alternative out of doors of the lodge business on Nov. 30, 2023. A brand new CFO shall be named at a later date.