of Best Western, to Step Down
|PHOENIX, July 20, 2004 - Tom Higgins, President and CEO of Best Western
International, announced today that he will not renew his contract when
it expires. His last day with the company will be August 13, 2004.
"During the time I have spent at Best Western, our team has achieved many goals and reached new heights. Although our successes have been very rewarding for me, I have decided to move on to new challenges. This was a difficult decision, but I have every confidence that it is the right one for me and my family," said Higgins.
"On behalf of the Board of Directors and the entire Best Western organization, I would like to thank Tom for his many contributions during his time with us. We wish him the best of luck in the future," said Nayan Patel, Best Western's Chairman of the Board.
Best Western has initiated a national search for a new president and CEO. In the interim, the company has named David Kong, Executive Vice President of International Operations, acting president and CEO.
Best Western International is THE WORLDâ€ôS LARGEST HOTEL CHAINÂ® with more than 4,100 hotels in 80 countries and territories. It is a membership association of independently owned and operated hotels that provides marketing, reservations and operational support to its members.
Director, External Comm.
|Also See:||Thomas W. Higgins Named President and CEO of Best Western International / Oct 2002|
|Best Western Names James P. Evans New President/CEO / Oct 1998|
|Tom Higgins, President of Best Western International: Heady Days of the 1990s, When Travelers Paid Top Dollar for Rooms Are Long Gone / July 2003|
|Best Western Names David Kong Executive Vice President, International Operations / June 2004|