Eric WaldburgerThe Wharf Group today announced a management change at its subsidiary Marco Polo Hotels. Mr. Eric Waldburger will assume the role of President, Marco Polo Hotels in mid-July. Mr. Waldburger is one of Asia’s most experienced hoteliers having held senior executive and management positions with Harbour Plaza Hotels, Ritz Carlton, Peninsula Hotels and Mandarin Oriental. With his 38 years of hotel operating experience in Asia, Mr. Waldburger will focus on the company’s operational readiness given its current expansion plans in the region. Mr. Steve Kleinschmidt, the outgoing President, will take on the new advisory role of Vice Chairman – Asset Management from his new base in Canada and will focus on the investment portfolio of owned hotels and the strategic management of existing and new owned hotels. Mr. Kleinschmidt joined Marco Polo Hotels as President in October 2007. He has led the company's operations and development, contributing to its rapid expansion over the past five years.