Derek P. Linde Promoted to Chief Operating Officer, General Counsel & Corporate Secretary of Viad Corp
March 01 2022 - 4:05PM
Business Wire
Viad Corp (NYSE:VVI), a leading global provider of extraordinary
experiences, including hospitality and leisure activities,
experiential marketing, and live events, today announced the
promotion of Derek P. Linde to the expanded role of Chief Operating
Officer, General Counsel & Corporate Secretary of Viad
effective March 1, 2022. In this expanded role, Mr. Linde will be
integrally involved in accelerating Viad’s enterprise-level
strategy to deliver significant and sustainable EBITDA growth, and
collaborating across the organization to drive progress on major
initiatives that support the strategy.
Mr. Linde joined Viad as General Counsel and Corporate Secretary
in April 2018, overseeing our global legal, governance and risk
management functions. Since that time, his role has grown to
include a variety of other enterprise support functions, including
executive compensation, employee benefits and real estate.
Steve Moster, president and chief executive officer of Viad,
said, “This promotion recognizes Derek’s many contributions as a
valued leader within our organization and our commitment to
accelerating growth. Derek has taken on increasing spans of
responsibility since joining Viad four years ago and is a trusted
thought leader committed to advancing our strategic direction. In
his expanded role, Derek will partner closely with me to drive
enterprise-level strategy and will collaborate closely with other
leaders across our enterprise to support and shape important
initiatives that will deliver significant and sustainable growth
and above-market returns for our shareholders.”
Prior to joining Viad, Mr. Linde served as Deputy General
Counsel & Assistant Secretary at Illinois Tool Works Inc., a
diversified manufacturer of specialized industrial equipment, from
2014 to 2018. He holds a J.D. from the Vanderbilt University School
of Law and a B.A. from the University of Missouri-Columbia.
About Viad
Viad (NYSE: VVI) is a leading global provider of extraordinary
experiences, including hospitality and leisure activities,
experiential marketing, and live events through two businesses:
Pursuit and GES. Pursuit is a collection of inspiring and
unforgettable travel experiences in Alaska, Montana, the Canadian
Rockies, Vancouver, Reykjavik, and Las Vegas, as well as new
experiences planned in Chicago and Toronto. Pursuit’s collection
includes attractions, lodges and hotels, and sightseeing tours that
connect guests with iconic places. GES is a global, full-service
live events company offering a comprehensive range of services to
the world's leading brands and event organizers. Our business
strategy focuses on delivering extraordinary experiences for our
teams, clients and guests, and significant and sustainable growth
and above-market returns for our shareholders. Viad is an S&P
SmallCap 600 company. For more information, visit www.viad.com.
Forward-Looking Statements
This press release contains a number of forward-looking
statements. Words, and variations of words, such as “will,” “may,”
“expect,” “would,” “could,” “might,” “intend,” “plan,” “believe,”
“estimate,” “anticipate,” “deliver,” “seek,” “aim,” “potential,”
“target,” “outlook,” and similar expressions are intended to
identify our forward-looking statements. Similarly, statements that
describe our business strategy, outlook, objectives, plans,
intentions or goals also are forward-looking statements. These
forward-looking statements are not historical facts and are subject
to a host of risks and uncertainties, many of which are beyond our
control, which could cause actual results to differ materially from
those in the forward-looking statements.
Important factors that could cause actual results to differ
materially from those described in our forward-looking statements
include, but are not limited to, the following:
- the impact of the COVID-19 pandemic on our financial condition,
liquidity, and cash flow;
- our ability to anticipate and adjust for the impact of the
COVID-19 pandemic on our businesses;
- general economic uncertainty in key global markets and a
worsening of global economic conditions;
- travel industry disruptions;
- seasonality of our businesses;
- unanticipated delays and cost overruns of our capital projects,
and our ability to achieve established financial and strategic
goals for such projects;
- our exposure to labor shortages, turnover, and labor cost
increases;
- the importance of key members of our account teams to our
business relationships;
- the competitive nature of the industries in which we
operate;
- our dependence on large exhibition event clients;
- adverse effects of show rotation on our periodic results and
operating margins;
- transportation disruptions and increases in transportation
costs;
- natural disasters, weather conditions, accidents, and other
catastrophic events;
- our exposure to labor cost increases and work stoppages related
to unionized employees;
- our multi-employer pension plan funding obligations;
- our ability to successfully integrate and achieve established
financial and strategic goals from acquisitions;
- our exposure to cybersecurity attacks and threats;
- our exposure to currency exchange rate fluctuations;
- liabilities relating to prior and discontinued operations;
and
- compliance with laws governing the storage, collection,
handling, and transfer of personal data and our exposure to legal
claims and fines for data breaches or improper handling of such
data.
For a more complete discussion
of the risks and uncertainties that may affect our business or
financial results, please see Item 1A, “Risk Factors,” of our most
recent annual report on Form 10-K filed with the SEC. We disclaim
and do not undertake any obligation to update or revise any
forward-looking statement in this press release except as required
by applicable law or regulation.
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version on businesswire.com: https://www.businesswire.com/news/home/20220301006073/en/
Carrie Long or Michelle Porhola Investor Relations (602)
207-2681 ir@viad.com
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