Sonesta International Hotels Corp. CEO John Murray will retire on March 31, and two executives will share the role.
/John-Murray.jpg?n=7914&tr=w-500%2Cfo-auto "John Murray")
John Murray
Keith Pierce, the current Sonesta executive vice president and president of franchise and development, and Jeff Leer, current executive vice president at Sonesta parent The RMR Group, will become Sonesta's co-CEOs.
Pierce, a former Wyndham Hotel Group and Cendant Corp. executive, has been with Sonesta since 2021 and has "been instrumental in leading the significant expansion of Sonesta's global franchising business," the company said.
Leer has held senior finance and accounting leadership roles within RMR since 2013, Sonesta said.
Keith Pierce (left) and Jeff Leer will be co-CEOs.
"Over the past several years, Sonesta has transformed its management business, franchise business, technology and commercial infrastructure under John's leadership, creating a strong foundation for the future," according to a Sonesta statement attributed to Pierce and Leer.
Murray became Sonesta CEO in 2022.
Source: Business Travel News