Keith Kefgen

Managing Director & CEO at AETHOS Consulting Group

Keith Kefgen

Keith Kefgen is, with nearly 30 years of experience in the hospitality industry, a career hospitality executive. Having graduated from the Cornell University Hotel School, he went on to work at Waldorf=Astoria Hotel before embarking upon a career in hospitality executive search. He was the CEO & founder of a global executive search firm before joining AETHOS Consulting Group. A frequent lecturer on industry related issues, Keith has written more than 100 articles on the topics of executive selection, pay-for-performance, corporate governance and executive leadership and he is currently writing his first book, “The Loneliness of Leadership”.

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Insights by Keith Kefgen (40)

Governance in a Changing World

The restaurant industry has been hit especially hard by COVID. Layoffs, closures, a shift to delivery and outdoor dining, as well as mergers and acquisitions have dominated the news this past year. Many executives and even board directors have taken pay cuts during this health crisis.

Restaurant CEO Pay and Performance

2020 has been an incredibly tumultuous year within the restaurant industry. Due to the pandemic, the industry has seen closures, bankruptcies, acquisitions, and a complete shift in the way guests interact with restaurants.

Corporate Governance Study: Lodging Boards 2020

The hotel/travel industry has been particularly hard hit by COVID. Many of the industry's venerable brands have had to do the unthinkable, furlough or layoff significant percentages of their workforce.

Gaming CEO Pay, Calm Before the Strom

The end of 2019 ushered in a banner year. Valuations where high and deals were getting done (Penn National & BarStool, Caesars & Eldorado) among them. Then the world changed overnight. Panic in the public markets ensued and valuations plummeted (Penn National went from $49 to $4 in March).

Hotel CEO Pay For Performance Study 2020

What a difference 6 months makes. 2020 began with hotel companies coming off one of the strongest years in history and feeling optimistic the good times would continue. Since then, the industry has had widespread closures, massive layoffs, and CEO's taking significant pay cuts while grappling with a global pandemic.
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