Four Seasons Proclaims Appointment of Robert Fritz as Govt Chairman
TORONTO—Four Seasons named Robert Fritz as executive chairman. Four Seasons Founder and Chairman Isadore Bright will judge the role of Chairman Emeritus.
A long-time executive with Cascade Investment, the firm’s majority shareholder, Fritz has served as lead director on the Four Seasons board since 2022, working carefully with the board and the firm’s executive leadership physique of workers to abet design the firm’s long-term strategic opinion.
As executive chairman, Fritz will continue to lead the board and work carefully with Four Seasons President and Chief Govt Officer Alejandro Reynal and the firm’s executive leadership physique of workers in guiding the firm’s long-term strategic route, helping to rep definite Four Seasons remains the enviornment’s main luxurious hospitality firm.
As Chairman Emeritus, Mr. Bright will remain carefully engaging with the firm he founded extra than six decades within the past, continuing, as he has for the period of his occupation, to characterize the designate, engage with its other folks, and uphold the Four Seasons culture.
Statements From Leadership
“Robert and I basically maintain long been aligned on what makes Four Seasons particular: Its other folks,” Bright said. “As chairman emeritus, I remain carefully engaging with the firm and committed to its future. I basically maintain astronomical self assurance in Robert’s leadership, and within the route the firm is taking.”
“Robert shares Issy’s founding imaginative and prescient of Four Seasons,” said Cascade’s Chief Investment Officer Michael Larson. “We’re cushty that Robert will continue his active engagement with administration and key stakeholders in make stronger of the firm’s long-term technique.”
“Kingdom has been a committed investor in Four Seasons since 1994, and we maintain viewed the firm develop into the defining title in world luxurious hospitality. We warmly welcome Robert Fritz as executive Chairman and lengthen our deepest admire to Isadore Bright, whose golden rule philosophy remains the root of all the pieces Four Seasons represents,” said Sarmad Zok, chief executive officer of Kingdom Hotel Investments.
“Robert has been a deeply engaged and relied on accomplice to me and our leadership physique of workers,” said Alejandro Reynal, president and chief executive officer, Four Seasons. “He shares our long-term scrutinize and our commitment to main with plot, conserving what defines Four Seasons as we continue to develop.”
“As a steward of the designate, I sight ahead to continuing to make stronger Alejandro and the administration physique of workers in declaring the recognition of excellence Four Seasons has earned over the final 65 years,” said Fritz. “Long-term resolution making and a other folks-centric culture will continue to data this firm ahead and add designate to all of our stakeholders.”
