Isadore Sharp steps down - Kathleen Taylor appointed CEO
#1
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Isadore Sharp steps down - Kathleen Taylor appointed CEO
http://www.ctv.ca/generic/generated/...le1617050.html
private equity backers are pushing for a CEO who can “take the company to the next level,” said an investment banker with ties to Four Seasons’ owners. Mr. Gates’ personal holding company, Cascade Investment LLC, is said to be the strongest advocate for the transition.
"The long term success of Four Seasons has always been my top priority, and I have long been committed to identifying and developing the next generation of leadership for Four Seasons," said Mr. Sharp. "Over a decade ago, I recognized that Katie had the potential to become Four Seasons' next CEO. Since then, we have worked closely together on many strategic, operational, and challenging situations and she has repeatedly proven herself the right choice to lead the Company forward. Our shared values, and our shared and relentless focus on our guests and the employees who serve them, give me complete confidence that the transition will be seamless and that Katie will continue to lead the Company to even greater success."
Mr. Sharp, the Company's founder, will remain as Chairman and continue to be involved in the Company, retaining oversight and direction of the design and aesthetics of new and existing hotels in the manner that he has always done. As Chairman, Mr. Sharp will also continue to represent the Company as its goodwill ambassador
Mr. Sharp, the Company's founder, will remain as Chairman and continue to be involved in the Company, retaining oversight and direction of the design and aesthetics of new and existing hotels in the manner that he has always done. As Chairman, Mr. Sharp will also continue to represent the Company as its goodwill ambassador
http://travel.usatoday.com/hotels/po...hotels/97934/1
"It's really important," Four Seasons president Kathleen Taylor said, referring to nightly turndown service. "Once you make it not available, you've now made the consumer's life more complicated. They don't know what to expect."
Last edited by Kagehitokiri; Jun 25, 2010 at 9:39 am
#2
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Katie Taylor is a great lady and very financially astute, but what concerns me more is the visionary aspect of Four Seasons - something that maybe we have seen diminishing recently. Companies always say that they are retaining the services of departing CEOs and Chairmen, but they rarely use them once they have gone.
What worries me is that we could be seeing something akin to Marriott taking over Ritz-Carlton. Bill Gates' people are focused on the bottom line and so are many other people who now hold top jobs in FS, so who is going to hold the 'family' of Four Seasons together?
We have already seen rather too many top people leaving the company over the past couple of years and many of them say that they have left because they no longer feel part of a family and that their direct bosses do not appear to have that Four Seasons ethic that initially attracted them to the company.
Without Issy, this trend could be worrying. Sadly, we could be witnessing the beginning of the end of one of the world's great high-end hotel companies. I hope I am wrong.
What worries me is that we could be seeing something akin to Marriott taking over Ritz-Carlton. Bill Gates' people are focused on the bottom line and so are many other people who now hold top jobs in FS, so who is going to hold the 'family' of Four Seasons together?
We have already seen rather too many top people leaving the company over the past couple of years and many of them say that they have left because they no longer feel part of a family and that their direct bosses do not appear to have that Four Seasons ethic that initially attracted them to the company.
Without Issy, this trend could be worrying. Sadly, we could be witnessing the beginning of the end of one of the world's great high-end hotel companies. I hope I am wrong.
#3
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hopefully
- sharp's quote re taylor was forthright
- "take the company to the next level” refers to increased service in addition to properties
(and perhaps more smaller higher end properties?)
- there will be some house-cleaning (although unlikely as its unfortunately too rare, everywhere)
- sharp's quote re taylor was forthright
- "take the company to the next level” refers to increased service in addition to properties
(and perhaps more smaller higher end properties?)
- there will be some house-cleaning (although unlikely as its unfortunately too rare, everywhere)
Last edited by Kagehitokiri; Jun 25, 2010 at 10:01 am
#4
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#5
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they need people like grace moore involved in corporate staffing
http://www.flyertalk.com/forum/11650821-post26.html
http://www.flyertalk.com/forum/12637116-post39.html
would be nice to see alwaleed and gates working on smaller higher end properties
Moore's bad-cop routine. Which, boiled down to its essence, is this: If you don't buy the Four Seasons philosophy, don't waste our time.
Getting an accurate read on attitude in interviews is critical. In this, the undisputed champion is Grace Moore, the Dublin-born former room-service waitress. Her title is "learning manager," but when she's searching for staff, it ought to be inquisitor-in-chief. At the hotel school in Hyderabad, she is putting her no-BS style to work.
Getting an accurate read on attitude in interviews is critical. In this, the undisputed champion is Grace Moore, the Dublin-born former room-service waitress. Her title is "learning manager," but when she's searching for staff, it ought to be inquisitor-in-chief. At the hotel school in Hyderabad, she is putting her no-BS style to work.
http://www.flyertalk.com/forum/12637116-post39.html
would be nice to see alwaleed and gates working on smaller higher end properties
#6
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hopefully
- sharp's quote re taylor was forthright
- "take the company to the next level” refers to increased service in addition to properties
(and perhaps more smaller higher end properties?)
- there will be some house-cleaning (although unlikely as its unfortunately too rare, everywhere)
- sharp's quote re taylor was forthright
- "take the company to the next level” refers to increased service in addition to properties
(and perhaps more smaller higher end properties?)
- there will be some house-cleaning (although unlikely as its unfortunately too rare, everywhere)
I do not mean to be pessimistic as I love Four Seasons, but listening to numerous members of ex-Four Seasons staff this year, I am finding it increasingly hard to be optimistic.
#7
Virtually every FS Manager I have had the opportunity to talk about the company at length as waxed poetic about Katie Taylor as one of the most astute leaders they have come across in the hospitality industry.
I think she will carry on what Issy Sharp started and take it to the next level.
All the best to her!!
I think she will carry on what Issy Sharp started and take it to the next level.
All the best to her!!
#8
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at least Woroch was in asia? perhaps dealing with ong and minor?
http://www.fourseasons.com/about_us/.../scott_woroch/
http://www.fourseasons.com/about_us/...thleen_taylor/
OTOH i see what youre saying about business hotels in china and india, but then, thats simply the state of the current economy. im curious about the chinese owners.
http://www.fourseasons.com/about_us/.../scott_woroch/
At Four Seasons Hotels and Resorts: joined in 2000 as Vice President, Business Development, Asia Pacific; promoted to Senior Vice President, Business Development, Asia Pacific in 2003; has held current position since 2007
Previously: Senior Vice President, Development at Strategic Hotel Capital LLC; before that, Senior Vice President, Worldwide Development at Westin Hotels & Resorts
Previously: Senior Vice President, Development at Strategic Hotel Capital LLC; before that, Senior Vice President, Worldwide Development at Westin Hotels & Resorts
OTOH i see what youre saying about business hotels in china and india, but then, thats simply the state of the current economy. im curious about the chinese owners.
Last edited by Kagehitokiri; Jun 25, 2010 at 10:27 am
#9
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at least Woroch was in asia? perhaps dealing with ong and minor?
http://www.fourseasons.com/about_us/.../scott_woroch/
http://www.fourseasons.com/about_us/...thleen_taylor/
OTOH i see what youre saying about business hotels in china and india, but then, thats simply the state of the current economy. im curious about the chinese owners.
http://www.fourseasons.com/about_us/.../scott_woroch/
http://www.fourseasons.com/about_us/...thleen_taylor/
OTOH i see what youre saying about business hotels in china and india, but then, thats simply the state of the current economy. im curious about the chinese owners.
Don't forget that when you talk about the state of the economy, the India and China projects were conceived several years ago so were not a result of the downturn. Hotel projects have very long gestation periods.
I agree, though with Luxury, that Katie Taylor is a great lady and totally unpretentious. She signed up many of the deals that gave us such wonderful Four Seasons hotels across the world and, at the same time, she also managed to bring up a family.
Visionaries, however, as we have seen from other many other groups, are rarely hired. They tend to emerge fully grown, like Zecha. Although, if I am honest, I do think that Raymond Bickson of Taj is a visionary - and he was hired, so let's all cross our fingers....
#10
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i was just referring to china and india as emerging markets, which as you mentioned, has been an ongoing thing.
good point re visionaries. agree its rarer for them to be "discovered" later.
have you heard anything about corporate HR/hiring? >
http://www.flyertalk.com/forum/14194040-post5.html
good point re visionaries. agree its rarer for them to be "discovered" later.
have you heard anything about corporate HR/hiring? >
http://www.flyertalk.com/forum/14194040-post5.html
#11
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Katie Taylor is a great lady and very financially astute, but what concerns me more is the visionary aspect of Four Seasons - something that maybe we have seen diminishing recently. Companies always say that they are retaining the services of departing CEOs and Chairmen, but they rarely use them once they have gone.
What worries me is that we could be seeing something akin to Marriott taking over Ritz-Carlton. Bill Gates' people are focused on the bottom line and so are many other people who now hold top jobs in FS, so who is going to hold the 'family' of Four Seasons together?
We have already seen rather too many top people leaving the company over the past couple of years and many of them say that they have left because they no longer feel part of a family and that their direct bosses do not appear to have that Four Seasons ethic that initially attracted them to the company.
Without Issy, this trend could be worrying. Sadly, we could be witnessing the beginning of the end of one of the world's great high-end hotel companies. I hope I am wrong.
What worries me is that we could be seeing something akin to Marriott taking over Ritz-Carlton. Bill Gates' people are focused on the bottom line and so are many other people who now hold top jobs in FS, so who is going to hold the 'family' of Four Seasons together?
We have already seen rather too many top people leaving the company over the past couple of years and many of them say that they have left because they no longer feel part of a family and that their direct bosses do not appear to have that Four Seasons ethic that initially attracted them to the company.
Without Issy, this trend could be worrying. Sadly, we could be witnessing the beginning of the end of one of the world's great high-end hotel companies. I hope I am wrong.
Katie needs to work on her PR. While those of us that stay at FS understand 'turn-down', her remarks make the FS guests look lazy and persnickety: “Where’s MY EVIAN?????? IT MUST BE CHILLED!!!!!” When speaking to a minimum wage success-hating USA Today reporter, she needs to use different language.
I spent the last 15 minutes or so going over the FS's I've been at in the last 5 years or so, and I have come to the conclusion that there is a wide variety of quality across the brand. I counted 10 or so different stays or about 10% of the worldwide FS locations. Work needs to be done to smooth out the quality and expectations. 'Consistent turn-down' isn't the answer to keep me coming. I’d prefer parking and Internet.
FS Maui, FS Whistler are awful, with special black marks to FS Maui. All the turn-down service in the world won't make up for the lack of lounges at the pool and a 2-hour wait for two dinner seats. FSM, FS Hua, FS Bos, FS SF are terrific. FSM is only FS I have been met by name on arrival. FS SF has cut costs without killing the experience, but I have my doubts it will survive. FS Bos is such a party the locals fight to get in. FS Shanghai is unremarkable and very dull. FS EPA is good only because the competition in Silicon Valley is so shockingly poor.
Last edited by mike_la_jolla; Jun 25, 2010 at 5:17 pm
#12
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i guess the bottom line is as long as alwaleed and gates (and sharp) hold their current equity, there is a limit to how bad it could get..
Last edited by Kagehitokiri; Jun 25, 2010 at 8:00 pm
#13
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In the spirit of the thread, I will add that I hope the brand doesn't go downhill.
I don't expect every property to be the best in class, however. There are just too many variables. That's why we have FT to pick and choose as appropriate.
#14
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I am trying to figure out why I seldom have an outstanding experience at a FS unlike virtually everyone else on this forum -- and I mean that out of respect, this group is a very discerning lot!
Take yesterday, for example. My sister had arranged a small birthday lunch for my aging mom, to be held at the modest poolside cafe at the FS Spa in Westlake Village, CA. My sister was told that booking was never required. The ladies got massages, but I came in just for the lunch.
Spa receptionist: "Are you a hotel guest or spa customer?"
Me (flowers in hand): "No, I'm here to participate in a lunch at the cafe for my mom who turns 95 today."
Receptionist: "I'm sorry, we have a policy that only hotel guests and spa customers can enter."
Yes, I eventually got in by insisting she check with her management. But so much for finding an "empowered employee" who understood the spirit as well as the legality of the rules!
I think my overall problem is that even if employees at FS are empowered, they don't use that empowerment. That's because, all too often, their concern comes only from their training, not personal motivation. There are numerous exceptions, I'm sure, but unfortunately, one bad experience outweighs several good ones, and I have had multiple bad experiences at FS.
Maybe for me, the management change has the potential to be positive. But I fear that the real source of the problem is FS expanded too much and there just aren't enough good people to go around.
Take yesterday, for example. My sister had arranged a small birthday lunch for my aging mom, to be held at the modest poolside cafe at the FS Spa in Westlake Village, CA. My sister was told that booking was never required. The ladies got massages, but I came in just for the lunch.
Spa receptionist: "Are you a hotel guest or spa customer?"
Me (flowers in hand): "No, I'm here to participate in a lunch at the cafe for my mom who turns 95 today."
Receptionist: "I'm sorry, we have a policy that only hotel guests and spa customers can enter."
Yes, I eventually got in by insisting she check with her management. But so much for finding an "empowered employee" who understood the spirit as well as the legality of the rules!
I think my overall problem is that even if employees at FS are empowered, they don't use that empowerment. That's because, all too often, their concern comes only from their training, not personal motivation. There are numerous exceptions, I'm sure, but unfortunately, one bad experience outweighs several good ones, and I have had multiple bad experiences at FS.
Maybe for me, the management change has the potential to be positive. But I fear that the real source of the problem is FS expanded too much and there just aren't enough good people to go around.
Last edited by RichardInSF; Jun 26, 2010 at 12:28 am