After two decades of service to Four Seasons, John
Davison has announced that he intends to retire as President and
CEO in 2022.
John, who has already accepted an appointment to
the Four Seasons Board of Directors, will continue to lead the
company until the selection and onboarding of a new CEO is
completed next year.
“I’ve been tremendously honoured and grateful to
work alongside our board, executive leadership team, and more than
40,000 talented, dedicated employees worldwide as we continue to
navigate the historic challenges brought about by the pandemic,”
John said. “With our long-term strategic planning process well
underway, now is an ideal time to begin the process of handing
over the reins to a new CEO who will have the duration and runway
to shape and implement execution of our plans in the years ahead.
“As we look forward to the future, I am
more confident than ever that Four Seasons is well positioned to capitalise on the many growing opportunities within the luxury
market globally. I am incredibly grateful to my colleagues
worldwide for their unwavering dedication and commitment and look
forward to continuing to do all I can to support Four Seasons in
the next chapter of its remarkable history.”
John joined Four Seasons in
2002 and, after successive leadership roles in the company, was
appointed CFO in 2005. In 2018, he was appointed interim-CEO
and was permanently appointed to the position in 2019.
Before
joining Four Seasons, John spent 14 years at Imax Corp., rising
to president, COO and CFO.
He currently serves on the board
of directors for Canada Goose Holdings and Imax China Holding.
“John has been an incredible partner since he joined Four
Seasons two decades ago,” said Michael Larson, Chief Investment
Officer, Cascade Investment L.L.C. a major shareholder in Four
Seasons. “A steadfast and strategic business
leader, he has led significant growth of the organisation for the
benefit of all stakeholders. With his deep financial and
operational insight, John has guided the company through some of
its biggest challenges, always championing the people and culture
of Four Seasons and leading with empathy and integrity. In
particular, John’s leadership as CEO guiding the company
throughout the pandemic was exceptional, reaffirming the values
and commitment to excellence that define Four Seasons. We are
grateful for his service and look forward to his continued
commitment to Four Seasons in his capacity as a Cascade appointed
Board Director”
See also:
Cascade Affiliate to Buy Controlling Stake in Four Seasons Hotels
and Resorts
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