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Jumeirah CEO Katerina Giannouka Leaves the Lodge Group

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Skift Take

Katerina Giannouka leaves her submit as CEO after just a little over a 12 months.

Katerina Giannouka has left Jumeirah Group one 12 months into her time as CEO, confirms an inner doc seen by Skift. The doc is attributed to Jumeirah’s proudly owning firm Dubai Holding group CEO Amit Kaushal and was circulated to leaders within the group.

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“I wished to share an necessary replace at Jumeirah Group. At present, Katerina Giannouka sadly steps down as Chief Government Officer, taking time to handle some household issues earlier than embarking on new alternatives exterior of the Group,” reads the letter signed by Kaushal.

The letter additionally mentions that Giannouka will stay in Dubai “within the speedy future.”

Commenting on her departure, Giannouka, stated: “It has been an honor to work with Jumeirah Group and Dubai Holding, and to have put in place the foundations for accelerated progress by way of 2030 and past. I prolong my finest needs for Jumeirah and the whole workforce’s continued success.”

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With Giannouka departing, Thomas B. Meier is once more essentially the most senior member of the corporate, having been chief working officer since 2021. The letter mentions that Meier will function interim CEO, simply as he did when earlier CEO Jose Silva left, till a alternative is discovered.

The group is anticipated to launch a press release on Tuesday morning.

Katerina Giannouka’s Profession

Giannouka formally joined Jumeirah in December 2022, taking over the state-owned firm proper after Silva’s shock exit from the corporate.

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Giannouka joined the luxe operator from Radisson, the place she was Asia Pacific president from 2017. Earlier than that, she was a growth vp for Rosewood throughout Asia Pacific and China.

On the time of her hiring, she was Jumeirah’s first feminine CEO and one of many few feminine executives within the trade.

Throughout her temporary tenure, she got down to double the group’s portfolio, notably focusing extra on signing inns exterior of the United Arab Emirates. Her predecessors had comparable targets, however she got down to double the group’s footprint by 2030 and switch it in to a world model.

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