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Storey Named President Of Fairmont Hotels

Monday April 21st, 2008 - 8:15AM

TORONTO—Fairmont Raffles Hotels International has appointed Thomas Storey president of Fairmont Hotels and Resorts, effective May 1. Storey will succeed Chris Cahill, who will focus on leveraging the company’s infrastructure and capabilities in marketing and operations across all of the brands in FRHIs portfolio in his role as chief operating officer. A 25-year industry veteran, Storey over the past seven years has held a number of leadership roles within the company, most recently as evp/development, responsible for the growth of all three FRHI brands: Fairmont, Raffles and Swissôtel. Under his guidance, FRHI’s development pipeline has reached approximately 120 new projects at varying stages of development, including 50 new Fairmont projects, according to the company. Prior to joining Fairmont in 2001, Storey held senior management positions with a number of U.S. lodging companies, including Marriott, Doubletree, Radisson and Promus, where he was involved in brand expansion and major corporate transitions. Additionally, Michael Glennie has been named president of real estate and development for FRHI. The development function will be merged with real estate under Glennies leadership. Glennie’s career spans 30 years in the industry, most recently as evp/real estate for FRHI, where he has been responsible for the disposition of the company’s hotel real estate portfolio. Glennie now will be focused on FRHI’s ongoing strategic priority to accelerate the global growth of all three brands while completing the sale of the remaining assets. Prior to joining the company in 2004, Glennie was president/CEO of Ripplewood Lodging and the Phoenix Resort companies, a hospitality business focused on acquiring and operating hotels in Japan. Prior to that, he was employed by Boca Resorts, Inc. as president of the Boca Raton Resort and Club, then svp/resort operations. He also held a variety of management positions with RockResorts and served as manager of The Waldorf-Astoria. In other staff shifts, James Kaplan and Matt Sparks will increase their level of responsibilities by expanding their regional focus. Kaplan has been named svp/global development, EMEA and India and Sparks is now svp/global development, Americas and Asia. Fairmont Raffles Hotels International currently has 88 hotels worldwide under the Raffles, Fairmont and Swissôtel brands. The company also owns Fairmont and Raffles branded Residences, Estates and luxury private residence club properties.