MINNEAPOLIS, MN — There are big changes afoot in Carlson’s executive suite as the company announced on March 5 that president and CEO Trudy Rautio will retire on May 1, after 18 years. Effective May 1, Carlson chief operating officer David P. Berg w
ill be promoted and assume duties as chief executive officer for Carlson Hospitality, reporting to the Carlson board.
In addition, Carlson announced on March 2 the appointment of Greg O’Stean as chief development officer, reporting directly to Javier Rosenberg, chief operating officer and executive vice-president, Americas.
During Rautio’s tenure as Carlson CEO, the company achieved key milestones, including launching the Radisson Red and Quorvus Collection hotel brands; selling the TGI Fridays brand; and acquiring 100 per cent ownership of Carlson Wagonlit Travel (CWT) business travel management company.
Following Rautio’s retirement, Carlson will implement a new leadership structure to reflect the company’s focus on two key business platforms: travel and hospitality. This new organizational structure will provide dedicated chief executive officers for each of these respective platforms. This succession plan reflects the re-shaping of the Carlson portfolio following the divestiture of the restaurants business.
Incoming CEO Berg will have responsibility for leading and managing the global hotel business and also assumes responsibility for the Carlson corporate centre and its functions.
In 2014, Carlson acquired the 45 per cent equity interest from JPMorgan Chase & Co. (“JPMC”) indirectly held in CWT, based in Paris, France. As a result of this acquisition, Carlson today owns 100 per cent of CWT, with the Carlson board governing this business platform. Effective May 1, Doug Anderson, president and CEO of CWT, will report directly to the Carlson board of directors.
New chief development officer O’Stean will spearhead the aggressive growth strategy Carlson Rezidor has set forth for Latin America as well as for the Radisson and Country Inns & Suites By Carlson brands. He joins Carlson Rezidor from Piper Jaffray & Company in Atlanta, where he served as managing director.