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by Michael J. Shapiro | June 30, 2010

Kathleen Taylor, currently the president and COO of Four Seasons Hotels, will become president and CEO as of Aug. 1. Company founder Isadore Sharp has decided to transition from his role as CEO but will remain as chairman, the company announced Friday. Sharp will retain oversight and direction of the design and aesthetics of new and existing Four Seasons properties, and he will continue to represent the company as its goodwill ambassador. Taylor joined Four Seasons in 1989 and has served as president and COO since 2007.