Matthew Avril has been named Chief Executive Officer (CEO) at Starwood Vacation Ownership ("SVO")

Matthew Avril
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced plans to spin-off its vacation ownership business, Starwood Vacation Ownership ("SVO"), into a separate publicly traded company. Matthew Avril, who retired as President of Starwood's Hotel Group in 2012, will return to lead the new company as Chief Executive Officer following completion of the spin-off. Stephen Williams will continue to serve as Chief Operating Officer. Avril, 54, began his career with Starwood in 1989 through Vistana, Inc., the original predecessor to SVO. During his tenure with SVO he served as both Chief Financial Officer and subsequently as Co-President. He became President of Starwood's Hotel Group in 2008 with oversight responsibility for the company's global hotel operations for all nine of Starwood's brands and its Global Sales Organization. Throughout his tenure, Starwood's hotel business experienced significant market share gains and record high associate engagement. He also contributed to Starwood's success as a global enterprise, driving key initiatives and best practices across all geographies.
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Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 1,200 properties in some 100 countries and over 180,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St.