Regional chief Vos steps down at Starwood

Starwood says Vos stepping down as president of Europe, Africa and Middle East region

Associated Press

STAMFORD, Conn. (AP) -- Starwood Hotels & Resorts Worldwide Inc. said Monday that the longtime president of its Europe, Africa, & Middle East region, Roeland Vos, is stepping down from the post.

Succeeding Vos will be the 55-year-old Michael Wale, who most recently served at the company's senior vice president and director of operations for western Europe. Vos will move to a consulting role with the company beginning June 1.

Vos, also 55, became president of the Europe, Africa and Middle East region in 2001. During his tenure, Starwood went from 127 properties in the region to 243 hotels and resorts in 60 countries with an additional 64 hotels currently in the development pipeline. He has spent more than 30 years with Starwood, which is based in Stamford, Conn.

Starwood, whose brands include St. Regis, Sheraton and Westin, has 1,134 properties in nearly 100 countries.

Its stock added 68 cents to $60.82 in morning trading Monday. They are near the high end of their 52-week range of $47.41 to $63.95.

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