PARSIPPANY, NJ–(Nov 17, 2014) – Wyndham Worldwide (NYSE: WYN) has promoted Gail Mandel to President and CEO of Wyndham Exchange & Rentals, the company’s timeshare exchange and professionally managed vacation rentals division. Mandel had previously been serving as both Chief Operating Officer and Chief Financial Officer of Wyndham Exchange and Rentals since March following the transition of previous division President and CEO Geoff Ballotti to the Wyndham Hotel Group.
“Gail is an incredibly strong executive, with unmatched knowledge and experience in the exchange and rental businesses,” said Stephen P. Holmes, chairman and CEO of Wyndham Worldwide. “In the months since she assumed the additional duties as COO, she has seamlessly and successfully led that team, and in collaboration with its leaders and managing directors has set the business on an exciting course for the future.”
Wyndham Exchange & Rentals encompasses RCI, the global leader in timeshare vacation exchange, which today provides flexible vacation options to its approximately 3.7 million subscribing members each year to almost 4,500 affiliated resorts in over 100 countries; and Wyndham Vacation Rentals, the world’s largest professionally managed vacation rentals business, providing access to approximately 103,000 vacation rental properties across Europe and North America.
Mandel began her career at Deloitte & Touche, and has held a variety of financial and business leadership roles in the hospitality divisions of HFS Incorporated, Cendant Corporation, and Wyndham Worldwide.
“I have had the pleasure of working with Gail for the past 20 years, and have relied on her consistent leadership, exceptional expertise, and great passion for our business,” said Holmes. “I am incredibly pleased to welcome her into this new leadership role for which she is uniquely suited.”
About Wyndham Worldwide
One of the world’s largest hospitality companies, Wyndham Worldwide (NYSE: WYN) provides a wide range of hospitality services and products through its global portfolio of world-renowned brands.The world’s largest hotel company based on the number of properties, Wyndham Hotel Group is home to many of the world’s best-known hotel brands, with approximately 7,600 franchised hotels and over 655,000 hotel rooms worldwide. Wyndham Exchange & Rentals is the worldwide leader in vacation exchange and the world’s largest professionally managed vacation rentals business, providing more than 5 million leisure-bound families annually with access to over 107,000 vacation properties in over 100 countries through its prominent exchange and vacation rental brands. The industry and timeshare ownership market leader, Wyndham Vacation Ownership develops, markets, and sells vacation ownership interests and provides consumer financing to owners through its network of over 200 vacation ownership resorts serving approximately 907,000 owners throughout the United States, Canada, Mexico, the Caribbean, and the South Pacific. Based in Parsippany, NJ, Wyndham Worldwide employs approximately 32,800 associates globally.
For more information, please visit www.wyndhamworldwide.com.
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Michael Valentino
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