Kempinski Hotels said that its board had decided to “part ways” with former CEO, Martin R. Smura, who joined the group in 2019.
The board has appointed chairman Bernold Schroeder as interim CEO.
His Excellency Abdulla H. Saif, chairman of the supervisory board of Kempinski, said “The Supervisory Board is confident that, thanks to his in-depth asset management know-how, sense of urgency and his sensibility to quality and craftsmanship, Bernold Schroeder will successfully drive the company forward.
“Since he arrived in 2017, he has been a key player in Kempinski's strategy and growth, leading the region Europe as regional COO as well as being a highly committed member of the management board of Kempinski AG and vice-chairman of the Management Board of Kempinski Hotels SA. We are grateful that Mr. Schroeder has agreed to step into his role during these challenging times for the hospitality industry and to build the new phase of the company.”