Minor International Public : Will Get New Group CEO as Founder Bill Heinecke Plans Succession
December 03, 2019 at 06:56 pm IST
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Minor International Will Get New Group CEO as Founder Bill Heinecke Plans Succession.
Dillip Rajakarier's biggest achievement is lasting a dozen years with the hugely-driven Bill Heinecke who was once known for short-lived CEOs. Rajakarier earns his stripes well, but if you think Heinecke is retiring - forget it.
Dillip Rajakarier at the start of the new year will replace Bill Heinecke as group chief executive officer of Minor International while maintaining his role as CEO of Minor Hotels.
Heinecke, founder of the public-listed hospitality, restaurants, and lifestyle company in Thailand, will assume a new position as chairman of the executive management committee while retaining his position as Chairman of the Board.
The American entrepreneur, 70, also retains his indefatigable energy and passion, telling Skift he is stepping up, not down, when asked about the Rajakarier's promotion.
Minor International Public Company Limited is a Thailand-based company engaged in the investment activities, hotels, restaurant operations, and distribution and manufacturing. The Company operates through four segments: Hotel, Mixed use, Restaurant and Retail. The Company operates hotels, resorts and serviced suites with a portfolio of over 530 hotels under the Anantara, AVANI, Oaks, Tivoli, Elewana, NH Collection, NH, nhow, Marriott, Four Seasons, St. Regis, Radisson Blu and Minor International brands. Its hotel and spa portfolio spans across 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas. The Company operates mixed-use business, including shopping plazas and entertainment, residential properties, and a points-based vacation club. It offers fashion and lifestyle products under various brands, including Anello, BergHOFF, Bossini, Charles & Keith, Joseph Joseph, Zwilling J.A. and Minor Smart Kids.