Wyndham Hotel Group Names New CEO
Geoff Ballotti, currently the president and CEO of Wyndham Worldwide's timeshare exchange and vacation rental division, will become president and CEO of the Wyndham Hotel Group on March 28. Current head Eric Danziger will step down at that time to pursue personal interests. "During the past five years, and through some very challenging global economic conditions, Eric provided leadership that strengthened Wyndham Hotel Group's service to its franchisees, expanded its hotel management offerings and significantly grew its global footprint," said Wyndham Worldwide chairman and CEO Stephen P. Holmes. "We thank him for his leadership, congratulate him on his legacy within our industry and wish him all the best in the future." Ballotti has been with Wyndham since 2008, following 20 years with Starwood Hotels and Resorts. Current Wyndham Exchange & Rentals CFO Gail Mandel will assume additional responsibilities as COO of that division upon Ballotti's transfer.