Travel + Leisure Co. Appoints New Chief Technology Officer Sy Esfahani
November 29 2021 - 4:00PM
Business Wire
Travel + Leisure Co. (NYSE:TNL) today announced the appointment
of Sy Esfahani to Chief Technology Officer. Mr. Esfahani has more
than 30 years of experience as a technology leader for global
travel, hospitality, and finance companies. In this capacity, Mr.
Esfahani will oversee and align enterprise-wide technology with the
company’s strategic goals as presented during its recent investor
day. He will be responsible for integrating innovative new
technologies and data analytics capabilities to deliver a dynamic,
flexible, and integrated modern IT environment.
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Sy Esfahani was named Chief Technology
Officer for Travel + Leisure Co. (Photo: Business Wire)
Mr. Esfahani was most recently Chief Information Officer at
Qatar Airways Group, where he led the technology transformation to
deliver exponential digital capabilities as part of delivering “5
Star” customer touch points. Prior to that he was Global Chief
Information Officer for MGM Resorts International, where he focused
on improving operations and customer experience within various
lines of business across the 20 resort brands. With his team, he
launched the first fully operational mobile and kiosk check-ins
capable of offering digital keys to guest rooms.
Earlier in his career, Mr. Esfahani led the CIO and key
technology leadership function for financial services companies
Fiserv, ACI, and tradeshow production company GES. He received his
bachelor’s degree in computer science from the University of
Nebraska at Omaha, and a master’s degree in business administration
from Central Michigan University.
Mr. Esfahani joins Travel + Leisure Co. as the company builds
upon its cornerstone brands and embarks on a four-year strategy to
accelerate growth with new membership and subscription travel
businesses.
“As we broaden our business and accelerate growth through
diversified leisure travel offerings, technology remains central to
our strategy,” said Michael D. Brown, president and CEO of Travel +
Leisure Co. “Sy’s experience in three major parts of our business –
hospitality, travel, and finance – will help enhance our technology
platform to drive our growth.”
Mr. Esfahani will join the Travel + Leisure Co. executive
committee, reporting to President and CEO Michael D. Brown.
“I look forward to strengthening the technology capabilities of
Travel + Leisure Co. and contributing the digital transformation
expertise I’ve built throughout my service to multiple industries.
I am excited to assume leadership of the technology teams that will
elevate Travel + Leisure Co. to the next level in the travel
industry, as we optimize our platforms, channels, and
capabilities,” said Mr. Esfahani. “We are poised to bring
technology and innovation to the forefront as we continue to put
the world on vacation.”
About Travel + Leisure
Co.
Travel + Leisure Co. is the world’s leading membership and
leisure travel company, with nearly 20 travel brands across its
resort, travel club, and lifestyle portfolio. The company provides
outstanding vacation experiences and travel inspiration to millions
of owners, members, and subscribers every year through its products
and services: Wyndham Destinations, the largest vacation ownership
company with more than 245 vacation club resort locations across
the globe; Panorama, the world’s foremost membership travel
business that includes the largest vacation exchange company,
industry-leading travel technology, and subscription travel brands;
and Travel + Leisure Group, featuring top travel content, travel
services including the brand’s eponymous travel club, and branded
consumer products. At Travel + Leisure Co., our global team of
associates brings hospitality to millions each year, turning
vacation inspiration into exceptional travel experiences. We put
the world on vacation. Learn more at travelandleisureco.com.
Forward-Looking
Statements
This press release includes “forward-looking statements” as that
term is defined by the Securities and Exchange Commission (“SEC”).
Forward-looking statements are any statements other than statements
of historical fact, including statements regarding our
expectations, beliefs, hopes, intentions or strategies regarding
the future. In some cases, forward-looking statements can be
identified by the use of words such as “may,” “will,” “expects,”
“should,” “believes,” “plans,” “anticipates,” “estimates,”
“predicts,” “potential,” “continue,” “future” or other words of
similar meaning. Forward-looking statements are subject to risks
and uncertainties that could cause actual results of Travel +
Leisure Co. and its subsidiaries to differ materially from those
discussed in, or implied by, the forward-looking statements.
Factors that might cause such a difference include those factors
disclosed as risks under “Risk Factors” in documents we have filed
with the SEC, including in Part I, Item 1A. of our Annual Report on
Form 10-K for the fiscal year ended December 31, 2020, filed with
the SEC on February 24, 2021. We caution readers that any such
statements are based on currently available operational, financial
and competitive information, and they should not place undue
reliance on these forward-looking statements, which reflect
management’s opinion only as of the date on which they were made.
Except as required by law, we undertake no obligation to review or
update these forward-looking statements to reflect events or
circumstances as they occur.
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version on businesswire.com: https://www.businesswire.com/news/home/20211129005663/en/
Investor Contact: Christopher Agnew Senior Vice
President, FP&A and Investor Relations (407) 626-4050
Christopher.Agnew@travelandleisure.com
Media Contact: Steven Goldsmith Public Relations (407)
626-5882 Media@travelandleisure.com
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