Four Seasons Hotels and Resorts has announced that Kathleen Taylor will leave her role as Chief Executive Officer.
Ms. Taylor assumed the role of Chief Executive Officer from Isadore Sharp, the founder of Four Seasons, in 2010. During her 25 years with the company, the business quadrupled in size, expanded its global footprint from three to 37 countries and entered into strategic partnerships with more than 100 hotel owners and developers.
Mr. Sharp continues as Chairman and a shareholder and is closely involved in developing and advancing relationships with partners, employees and customers.
"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.
Four Seasons has initiated a search for Ms. Taylor’s successor and has retained Ferguson Partners Ltd., a leading executive search firm, to assist in the process. In the interim, Four Seasons nine-member Executive Leadership Team (ELT) will manage the company with oversight from the Company’s Board.