Prudential Real Estate CEO appointed new head of Four Seasons
Published
09th Aug 2013
Allen Smith, currently chief executive of Prudential Real Estate, has been appointed the new president and chief executive of Four Seasons Hotels and Resorts. Smith will take up the position on September 23.
Smith, who joined Prudential Real Estate in 1987, was appointed chief executive of the real estate brokerage company in 2008. Michael Larson, chief investment officer at Cascade Investment, which along with the Kingdom Holding Company owns Four Seasons, said: “Allen is a proven global growth leader and investor who fits well with our strong company culture and understands the value of preserving the quality of the existing brand."
Larson added: “We see great market opportunities to further expand the Four Seasons brand worldwide and are excited to work closely with our great partners and Allen to execute the strategic plans for the company.”