Four Seasons Hotels and Resorts has appointed Alejandro Reynal as President and Chief Executive Officer.
Reynal, former CEO of Hyatt Hotel Corporation’s luxury resort management and leisure travel group, Apple Leisure, commenced the position on October 17. He takes over from John Davison who announced his intention to retire late last year. Davison remains a member of the company’s board.
Reynal brings more than two decades of executive leadership experience in the global travel and hospitality, business services, and telecommunications industries, including serving as CEO of Atento from 2011 to 2019, and positions at Telefonica and The Coca-Cola Company earlier in his career.
“Alejandro is a highly-respected and experienced CEO who will guide Four Seasons through the next phase of its evolution as one of the world’s foremost luxury brands,” said Michael Larson, Chief Investment Officer of Cascade Investment, the majority owner of Four Seasons.
“Throughout his career, Alejandro has led and inspired global teams to embrace innovation, leverage the power of data and insights, and deliver top financial performance and value to both investors and customers.
“We feel deep gratitude toward John and all that he has done to make Four Seasons even more successful and look forward to his contributions as a Board member as Alejandro builds on our shared vision toward achieving long-term strategic growth.”
Reynal said he has always admired Four Seasons’ “innovative spirit” and that it is “an honour” to lead the company.
“I look forward to working with the Board, executive leadership team, and the more than 50,000 employees worldwide whose dedication to excellence and personalised service sits at the heart of Four Seasons, and continuing to drive our success now and in the future,” he said.
“There are numerous strategic opportunities ahead, and we are well positioned to steer a new course in the luxury space that will further enhance the value and power of our brand.”
Four Seasons Founder and Chairman, Isadore Sharp said Davison has been “a tremendous leader and colleague for more than 20 years”.
“I am deeply grateful to him and our executive leadership team for their unwavering leadership through some of the hospitality industry’s most challenging times,” Sharp said.
“Alejandro joins Four Seasons as we mark the start of a new chapter, building upon our legacy of success and a culture that we have collectively championed over more than 60 years. He is a proven leader and executive, and even more importantly, a person of integrity with a deep commitment to excellence and a keen understanding of Four Seasons values and genuine heart.”