Named President of the Americas
At Starwood Hotels & Resorts in Kuala Lumpur - NY, Malaysia
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced that longtime leader, Osvaldo V. Librizzi, will step down from his current role, Co-President of The Americas, at the end of the year and will serve as non-executive Chairman until the end of 2015. Sergio Rivera, currently Co-President of the Americas, will become President of the Americas and assume full responsibility for the region, and Jorge Giannattasio, currently SVP CFO of the Americas, has been appointed to the role of Chief of Latin America Operations & Global Initiatives, and this summer will begin overseeing regional operations, reporting directly to Mr. Rivera. As part of his planned retirement, Mr. Librizzi will work closely with Mr. Rivera and Mr. Giannattasio to ensure a smooth transition throughout the year.