29 JULY 2013
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Grant Hearn has decided to move on from his role as Chief Executive Officer of Travelodge, one of the UK’s leading budget hotel operators. Hearn joined Travelodge in 2003 as CEO from Hilton UK where he had been Managing Director Hilton UK for three years.
Hearn led the Travelodge as CEO from 2003 until July 2010 when he was appointed to the position of Chairman. Hearn was asked by the Travelodge Board to return as Chief Executive in April 2012 to oversee the Company’s financial restructuring programme.
The Travelodge Board has already embarked upon an external search for a new CEO and Grant Hearn will remain in his role as Travelodge’s Chief Executive through this transitional period.
Brian Wallace, Chairman of Travelodge, commented on today’s announcement: “Grant has been an outstanding leader for Travelodge. Under his leadership, the brand has been repositioned from a roadside hotel operator to being one of the UK’s leading hotel brands. The company’s portfolio has more than doubled in size and today Travelodge is a household name with an exceptional digital presence.
“I am very grateful that Grant will continue as Travelodge’s CEO through this transitional period”. www.travelodge.co.uk
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