Kathleen Taylor steps down as CEO of Four Seasons Hotels & Resorts
In a surprising move, less than 3 years since her appointment after succeeding Founder and Chairman Isadore Sharp, Kathleen Taylor will be leaving her role as Chief Executive Officer at Four Seasons Hotels & Resorts.
During her almost 25 year tenure at Four Seasons she was integral to the expansion of the business which quadrupled its size, increased its global footprint from three countries to operations in 37 countries, and resulted in strategic partnerships with more than 100 hotel owners and developers across the globe.
Mr. Sharp continues as Chairman and a shareholder and is closely involved in developing and advancing relationships with partners, employees and customers around the world. “I am deeply grateful to Katie for her nearly 25 years of outstanding service and wish her well in the next phase of her career,” said Mr. Sharp. “Katie has been a trusted colleague and fundamental to building Four Seasons into the admired and successful company it is today. She leaves us with a strong foundation for the future and we remain firmly committed to leadership in luxury hospitality and accelerating our goals for long-term growth.”
Mr. Sharp added, “Katie embodied the Four Seasons values in all that she has done.” She has been recently recognized through numerous awards including the first woman ever to receive the Corporate Hotelier of the World, the Cornell University Hospitality Innovator, and inductee to Marketing Hall of Fame.
“Our long-term commitment to Four Seasons has not changed,” said His Royal Highness Prince Alwaleed Bin Talal, Chairman of Kingdom Hotels International. “We are confident that we can quickly identify a successor to Katie who shares the Four Seasons vision and values and that the Company’s strong Executive Leadership Team, which has the full support of the shareholders, will provide the leadership and continuity necessary to guide us through a seamless transition. We see more opportunity today than ever before.”
“Throughout my almost quarter century with Four Seasons the one constant has been the power of the employees – they have always been my inspiration,” said Kathleen Taylor. “I am also immensely proud of the members of my Executive Leadership Team and going forward, it is they, along with the nearly 40,000 employees that will fulfil the vision that we have put in place together, driving the future success of the company.” Ms Taylor added, “It has been a pleasure to get to know so many loyal Four Seasons guests, customers and residential owners around the world.”